Ant Middleton Banned as Director Following £1M Tax Default
Ant Middleton Banned as Director Following £1M Tax Default

Ant Middleton Banned as Director Following £1M Tax Default

News summary

Ant Middleton, former chief instructor of SAS: Who Dares Wins, has been banned from serving as a company director for four years after his firm, Sway and Starting Limited, failed to pay over £1 million in taxes. Despite receiving more than £4.5 million from 2020 to 2022, Middleton and his wife, Emilie, neglected to pay over £300,000 in VAT and more than £800,000 in corporation tax between 2019 and 2022. They withdrew nearly £3 million from the company as a director's loan before it went into liquidation in December 2022. Middleton has agreed to repay £300,000 of the loan as part of a settlement. The Insolvency Service emphasized that their actions deprived the government of necessary tax revenue, highlighting the importance of directors fulfilling their tax obligations. This case serves as a warning to other directors about the risks of failing to pay taxes while withdrawing funds from their companies.

Story Coverage
Bias Distribution
100% Right
Information Sources
247a7f2a-20c0-438e-9347-4e4eecdc0f42
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
1 day ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News