John Barnes has been banned as a director after his firm didn’t pay virtually £200,000 in tax.
The ex-England and Liverpool star signed a disqualification endeavor which barred him from being an organization director for three-and-a-half years, the Insolvency Service has stated.
This took place as a result of his firm John Barnes Media Restricted, didn’t pay any company tax and VAT from 2018 to 2020
The Insolvency Service launched an investigation in September 2023.
Barnes was the only real director of the corporate, based mostly in West Byfleet, Surrey, which stated it provided media illustration companies.
From November 2018 to October 2020, John Barnes Media had a turnover of £441,798.
Over this era, nothing was paid to HMRC.
This was regardless of the actual fact the corporate filed returns exhibiting what the VAT funds ought to have been.
Barnes throughout his time taking part in for Liverpool in 1995
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The investigation confirmed that the corporate didn’t pay £78,839 in company tax from August 2018 to January 2020 – when it ceased buying and selling.
The corporate additionally didn’t £115,272 in VAT from February 2019 to 2020.
Throughout a taking part in profession spanning virtually twenty years, Barnes earned 79 caps for England earlier than he shaped John Barnes Media Restricted in September 2012.
Mike Smith, chief investigator on the Insolvency Service, stated: “People and companies not paying the tax they need to deprives the federal government of the funding it wants to supply important public companies and funding in areas reminiscent of colleges, hospitals and roads.
“John Barnes had a authorized obligation to make sure his firm paid the right amount of company tax and VAT.
“As a substitute, it paid no tax in any way between November 2018 and October 2020, regardless of receiving earnings of nicely over £400,000.
“This disqualification ought to function a deterrent to different administrators that if you don’t pay your taxes whereas directing cash elsewhere, you’re liable to being banned”.
The secretary of state for enterprise and commerce accepted a disqualification endeavor from Barnes and his ban began on Wednesday 24 April.
It prevents him from being concerned within the promotion, formation or administration of an organization with out the permission of the courtroom.
