Holly Willoughby's Company Given 12 Weeks To Settle £377K Tax Debt
Holly Willoughby's Company Given 12 Weeks To Settle £377K Tax Debt

Holly Willoughby's Company Given 12 Weeks To Settle £377K Tax Debt

News summary

Holly Willoughby's media company, Roxy Media, which she runs with her husband Dan Baldwin, has been given another chance to avoid being wound up over a substantial tax debt of £377,000, reduced from an initially unknown amount. The winding-up order was issued by His Majesty's Revenue & Customs (HMRC) earlier this year, with the case being adjourned multiple times to allow for payment or appeal. The company is now seeking to take the dispute to a tax tribunal through a late appeal, which HMRC opposes, arguing the matter has been ongoing for too long. Legal representatives for Roxy Media attribute the late appeal submission to negligence by former accountants and await a tribunal hearing date. The Insolvency and Companies Court, presided over by Judge Sally Barber, has adjourned the case until August 20, with no clarity on whether any part of the tax debt has been paid. Willoughby, known for hosting ITV shows like This Morning and Dancing On Ice, established Roxy Media to manage media clients, with both she and Baldwin appointed as directors years ago.

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