- A darts star fears to be able to lose his house after being declared bankrupt
- The player revealed that he now owed £ 500,000 to the taxman
A darts star fears to be able to lose his house after being declared bankrupt.
As the sun reported, Mervyn King says that he must “north of £ 500,000” at HMRC after not having paid his taxes.
King was insolvent at the High Court of Justice in London.
He and his wife Tracey are concerned about where they will live, especially since they have three dogs.
King told Sun: “Tracey fears that we lose the house. But if we do it, we do it.
“I can’t do anything about it. It all depends on the official receiver and what he wants to do.
The Darts star, Mervyn King, fears that he can lose his house after being declared bankrupt
King was the finalist at the BDO World Darts Championship in 2002 and 2004
“I will have to face him fairly and honestly, so everything he wants to know, he can have.
“I decided to contact them. I knew it was going to happen.
“It was better that they find me and say,” Excuse us Mr. King, why haven’t you paid taxes for 20 years? ” ». Because I think I would have been directly inside.
“Now everything will be cleared in one way or another – that I lose everything and the house is going. If this is the case, at least it is back to square one and I will start again.
King was the BDO Mondial number one in 2000 and 2005. He was the finalist at the BDO World Darts Championship in 2002 and 2004.
The money that the king earned from darts was not made to the tax authorities, the star thinking that the income was equivalent to “gains” rather than “income”.
During Covid, King began to deliver packages for Amazon and realized that he was heading for bankruptcy.
Although he lost his professional tour card at the end of last year, King is still able to participate in the Challenge tour and on the circuit of senior darts.
