Saturday, February 4, 2012

TV presenter Miquita Oliver faces bankruptcy after failing to pay £174,000 tax bill

By Tara Evans


Former T4 presenter Miquita Oliver is facing bankruptcy after failing to pay a tax bill of more than £174,000, according to a firm of accountants.

A statement from the firm, Baker Tilly confirmed that the HM Revenue and Customs had petitioned for the star to be declared bankrupt due to unpaid taxes on 11 November last year.

The 27-year-old is perhaps best known for presenting Popworld with Simon Amstell in the early part of the last decade.

Facing bankruptcy: The TV presenter Miquita Oliver was a bridesmaid at childhood friend Lily Allen's wedding last year.

She left the Channel 4 show in 2006 but continued to present on T4 and has also hosted shows on BBC Radio 1 and 1Xtra.

She also went on to work on the 4Music channel and was a bridesmaid at the wedding of childhood friend Lily Allen last year.

Her publicist said: 'We can confirm that Miquita Oliver filed for bankruptcy in November 2011. She has many projects in the pipeline both here and in the US for 2012.'

Downhill: After a stint as a presenter for T4 with Steve Jones, Miquita Oliver has now filed for bankruptcy, she is just 27

Famous friends: Miquita Oliver was bridesmaid at Lily Allen's wedding, pictured here leaving Groucho Club in 2007

Baker Tilly’s Geoff Carton-Kelly has been appointed trustee of the TV star’s affairs.

He said: 'Investigating and recovering assets for the benefits of creditors is the primary role of the Trustee in Bankruptcy.

'At this stage it is too early to comment on the level of Miss Oliver’s assets and the likely return to creditors.'

Oliver isn't the only celebrity to experience money troubles, showing how high earnings do not always mean lasting wealth.

In November last year, former popstar and reality TV star Kerry Katona finally cleared her debts after being declared bankrupt in 2008.

She was able to settle her debts, which once stood at £417,000 after receiving a £350,000 fee for appearing on celebrity Big Brother.

Controversial: Miquita Oliver's interviewing style sometimes confused her guests, pictured with Kesha in 2007

Katona was declared bankrupt despite reportedly earning £75,000 a year as the face of supermarket chain Iceland and £400,000 a year as a columnist for OK! Magazine.

In August 2009, Men Behaving Badly star Neil Morrissey announced that he would be not filing for bankruptcy after he lost £2.5million after investing in a string of hotels and pubs.

Instead, Morrissey took an IVA (Individual Voluntary Arrangement) which meant he would pay his creditors back.


Bankrupt: Kerry Katona and Neil Morrissey have both faced money troubles

He told the News of the World: 'People advise you to take the easy route - it'll only last a year and you'll be back up and running. But I just thought there are too many good people who've lost their money on these deals, and I wanted to repay them as much as I possibly could. I feel morally obliged. Afterwards I'll feel better about myself.

Duchess of York, Sarah 'Fergie' Ferguson was reportedly saved from the brink of bankruptcy after racking up debts of nearly £5million.

She said her former husband Prince Andrew helped her sort out her finances in an interview with Hello! Magazine in July last year.



source:dailymail

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