Troubled fighter declared bankrupt after losing tax fight
SCOTT Harrison, the former world boxing champion, lost his fight with the inland revenue over his unpaid tax bill yesterday as he was declared bankrupt.
Attempts had been made to save the troubled fighter from sequestration, but HM Revenue and Customs finally ran out of patience over an unpaid tax demand of more than 83,000.
As an undischarged bankrupt, it could be a criminal offence for Harrison to obtain credit of more than 250 without disclosing his position.
It had been hoped Harrison could clear the debt through the sale of a property in Glasgow.
At the bankruptcy case at the Court of Session in Edinburgh yesterday, Iain Artis, counsel for the Revenue,
said Harrison had received an offer of 350,000 for a house he owned in Glasgow, but the clear proceeds of the sale would be only 70,000, not enough to clear the debt.
Email to a friend
Print this page- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron offers a deal to reject independence
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Scottish independence: David Cameron offers a deal to reject independence
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Sunday 19 February 2012
Today
Sunny
Temperature: 1 C to 5 C
Wind Speed: 14 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 8 C to 9 C
Wind Speed: 24 mph
Wind direction: South west
