Former Football Star Faces Director Disqualification
John Barnes, the former England and Liverpool footballer, has been disqualified from acting as a company director for a period of three-and-a-half years. This significant development follows the failure of John Barnes Media Limited to pay nearly £200,000 in taxes, as reported by the Insolvency Service.
The company, which was established to provide media representation services and was based in West Byfleet, Surrey, did not pay any corporation tax or VAT between 2018 and 2020. During this time, despite a turnover of £441,798, the company filed returns but failed to remit the corresponding VAT payments to HM Revenue & Customs (HMRC).
An investigation by the Insolvency Service, initiated in September 2023, revealed that John Barnes Media Limited had not paid £78,839 in corporation tax from August 2018 to January 2020. Additionally, it owed £115,272 in VAT from February 2019 to 2020. Barnes, who was the sole director of the company, has been implicated in this case of tax evasion.
Mike Smith, chief investigator at the Insolvency Service, emphasized the detrimental impact of
The secretary of state for business and trade accepted a disqualification undertaking from Barnes, which commenced on Wednesday 24 April. The ban restricts Barnes from engaging in the promotion, formation, or management of any company without court approval.
In light of this development, it is a stark reminder for all company directors to maintain diligent financial practices and adhere to tax regulations to avoid similar repercussions.