Katie Price has been declared bankrupt for a second time.
The former glamour model – who was previously declared bankrupt in 2019 – owes more than £750,000 to HM Revenue and Customs (HMRC) and failed to respond to the organisation over the debt, a court was told on Monday (19.03.24).
Insolvency and Companies Court Judge Sebastian Prentis said: He said: “There has been no response from the debtor. The papers are in order.
“There is a substantial debt due from Ms Price to HMRC, and therefore I will make a bankruptcy order.”
The judge explained the £761,994.05 bill “derives from self-assessments from the year 2020-2021 and from the year 2021-22” and includes income tax, VAT, surcharges and interest.
HMRC had issued a bankruptcy…