
Former John Barnes, the former international in England, spoke of his long battle with HMRC, and insisted that he is working hard to pay his tax obligations despite what he calls misleading reports in the press.
Former wing Livord Watford, who was the first football player worth 10,000 pounds per week, said in the lead, said the former wing, Livord Watford, who was the first football player worth 10,000 pounds per week, at the lead, Everything is business The podcast, which has been pushing HMRC over the past eight years after suffering from heavy losses from the investments that are poorly recommended.
Since 2017, Barnes says it has paid about 2.2 million pounds and continues to pay 10,000 pounds per month under the arrangements agreed with the Tax Authority.
Speaking to the host Ben Thomas, Barnes admitted that he had been burned financially after trusting the advisers during his playing days.
“I fell several times and ended with a loss between one million pounds and 1.5 million pounds over a period of four years,” he said. “In 2017, I started talking to HMRC about what I can do to pay what you owe.”
He explained that whenever bankruptcy is issued, he and his legal representatives go to the court to request permission to continue paying instead of moving away from his obligations.
“It will be easy to bankrupt because they cannot take anything else from me,” said Barnes. “But I do not want to do the diligent people who think that I got all this money and I will not pay the tax. I have no remaining assets – I have already sold everything.”
Barnes criticized the press coverage of his money, on the pretext that he often paints an unfair picture. He said: “Every time something new appears, stories appear in the press saying negative things about how to pay my strikes, although I will bankrupt, but ask for permission to continue paying.”
He added that the addresses of negative newspapers have affected his career to speak, especially in the banking and financial services sector, as he was often invited to discuss inclusion and diversity.
Despite financial pressure, Barnes insists that he is still grateful. He said: “I went through some nights that do not sleep, but it did not have a great impact because I look at the way the world is and there are many people fighting more than me.” “As long as I am able to work and pay, I am just grateful.”
Barnes said that the main reason to choose to speak publicly is to correct the misconceptions: “The only reason I do is that people were saying incorrect things, and I do not want anyone to think of me as Barnes’s guns, a former professional soccer player, hiding all his money and not paying taxes.”
His 60 -year -old, who has also played for Newcastle United and made 79 games in England, says his priority is still fixed: to continue work, continue to pay and provide his family.
The post “I’m paying what I owe” first appeared on Investorempires.com.