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Katie Price declared bankrupt for second time

Former glamour model Katie Price has been declared bankrupt for a second time over an unpaid tax bill of more than £750,000.

Ms Price, who was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs (HMRC), a court was told on Monday.

At a short hearing at London’s Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said Ms Price had not responded to HMRC over the debt, and declared her bankrupt.

“There has been no response from the debtor. The papers are in order,” he said.

“There is a substantial debt due from Ms Price to HMRC, and therefore I will make a bankruptcy order.”

The judge said the bill “derives from self-assessments from the year 2020-21 and from the year 2021-22” and includes income tax, VAT, surcharges and interest.

Ms Price did not attend the hearing, which came days after she was fined £880 for driving without a licence or insurance in Northamptonshire in August last year.

More on Katie Price

In February, she was also ordered by a different judge to pay 40% of her income from adult entertainment website OnlyFans to trustees for the next three years in a separate dispute over unpaid debts, with the hearing told she was due to face questions about her finances in April.

She said in October last year she was “fed up” with being threatened with legal action and would go to prison to be “done with it all”.

Katie Price. Pic: Goff
Image: Katie Price at a previous court date in 2022. Pic: Goff

Speaking to TV personality Michelle Visage on her podcast, Ms Price discussed her bankruptcy and said she had recently been to court “more times than I’ve had hot dinners” and would “genuinely” not care if she was jailed.

In March 2023, she told Jeremy Vine’s Channel 5 show that people should not be “ashamed” of being declared bankrupt and she had been struggling with her mental health in recent years.

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She also apologised to the court during an October 2020 hearing, saying: “I just haven’t been able to deal with these issues or in the right mental state to understand everything that has been going on.”

Sky News has approached Ms Price for comment.

Sky News Source