Former World Darts champion Rob Cross forbade as a director more than £ 450k unpaid tax
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Former World Darts champion Rob Cross was disqualified as director for five years after his company had paid no more than £ 450,000 in taxes.
Tension34, until June 2030, is prohibited as a company director and last year an individual voluntary regulation (IVA) attempted in an attempt to pay off part of the money that he owes.
The insolvency service also discovered that the Premier League Darts Between March 2020 and November 2023, Star attracted more than £ 300,000 from Rob Cross Darts Limited.
The World No.9 also achieved more than £ 400,000 from Rob Cross Darts Limited – who was set up eight years ago to receive his income and prize money – in the form of a loan account of a director by the time the company went into liquidation.
In an attempt to repay part of his debts, Cross has entered into an IVA, a legally binding agreement in which he has promised to make regular payments to an insolvency practitioner.
The monthly contributions that Cross makes to the IVA will vary, depending on the income he receives through his versions at Darts tournaments during this year and future years.
Cross won famous the PDC World Darts Championship in 2018 -He trounded the retreating Phil Taylor 7-2 in the final during his debut performance in the competition.
Kevin Read, lead researcher at the Insolvency Service, said: “If drivers do not pay the right tax, this has a direct influence on the ability of the government to finance vital public services, such as the NHS, schools, transport infrastructure and our national defense.
“Rob Cross’s company was only owed more than £ 400,000 in corporation tax when it went into liquidation.
“For more than three years he has been withing money from the company that should have been going to HMRC and other creditors.
“This case shows that we will take action against drivers who rob the public wallet of much -needed funds.
“The rules apply equally to everyone in business, and we expect all company directors to adhere to their legal responsibilities.
“The consistent enforcement of these rules is crucial when maintaining a level playing field and the preventing companies from gaining an unfair competitive advantage compared to conforming companies that fulfill their tax obligations well.”
Rob Cross Darts Limited was founded in May 2017, appointed director on the same day with Cross.
Insolvency Service Investigations showed that the company received more than £ 1 million of Cross’s profit between the beginning of March 2020 and the date of liquidation in November 2023.
A total of £ 169,500 in sponsorship and £ 261,901 from his management company was also paid to the company.
In the same period, however, Cross raised money of at least £ 306.403 from the company that he acknowledged was “to the risk and ultimate disadvantage of HMRC”.
Another £ 665,419 was paid on the personal account of a connected party.
By the time the company went into liquidation, it owed £ 403.896 to corporation tax, £ 49,071 in VAT and £ 12,436 in contributions to Paye and National Insurance.
The company had only paid £ 41,936 to HMRC between March 2020 and November 2023.
The loan account of Cross was also exaggerated by £ 423,608 when the company went into liquidation with obligations of £ 579,805.
The State Secretary for Affairs and Trade accepted a disqualification company of Cross – a former electrician – and his ban began on 5 June.
It prevents him from being involved in the promotion, training or management of a company, without the permission of the court.
Cross will play Andreas Harryson in Copenhagen in the first round of the Nordic darts Masters.
Rob Cross’s management team refused to comment.
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