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Cross banned as director due to unpaid taxes

Cross banned as director due to unpaid taxes

Jacob Panons
Getty Images Rob Cross holding the world darts championship trophy.Getty Images

Rob Cross, the former world darts champion, was barred from serving as a company director for five years because his company owed more than £450,000 in taxes.

The Insolvency Service discovered that the darts player had withdrawn more than $ 300,000 from Rob Cross Darts Limited between 2020 and 2023, which should have gone to creditors.

Without the court’s approval, he is prohibited from participating in the promotion, formation, or management of a business.

Directly affect funding

Cross has entered into an legally binding Individual Voluntary Agreement in which he has pledged to make regular payments to an insolvency attorney in an effort to pay some of his debts.

According to the government, Rob Cross Darts Limited was established in May 2017 to provide for the darts player with his earnings and prize money.

According to the Insolvency Service’s investigations, the business benefited from Mr. Cross’s earnings from the start of March 2020 until its liquidation in November 2023.

By the time the business was liquidated, it owed £403, 896 in corporation tax, £49, 071 in VAT, and £12, 436 in PAYE and National Insurance contributions.

When Cross’s director’s loan account went into liquidation with liabilities of £579, 805, the company’s loan account was also overdrawn by £423, 608.

The Insolvency Service added that more than £ 650, 000 was also transferred to a connected party’s personal account.

The Professional Darts Corporation (PDC) has also been contacted for comment.

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Source: BBC

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