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UK Football Star in Tax Trouble

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UK Footballer Paul Gascoigne in hot water with HMRC.

Former English midfielder Paul Gascoigne has been given nine weeks to file two years’ worth of late UK tax returns and stop a bankruptcy petition by HM Revenue and Customs.

Gascoigne has not filed any tax returns in the UK for the past two years and owes an estimated £200,000 in unpaid UK tax.

The 41-year-old, who at the height of his career was worth an estimated £14million, could be declared bankrupt if he cannot pay his tax debts.

At the London Bankruptcy Court today, Gascoigne’s case was adjourned until January 9, with the Revenue’s agreement, to give the former star time to submit his outstanding UK tax returns and liquidate assets to meet his tax liabilities.