Kate Garraway has reportedly called on for help after being faced with a whopping tax bill.
The Good Morning Britain presenter is said to have turned to specialists after being faced with crippling fees after closing her late husband Derek Draper’s company.
The former political advisor sadly passed away in January aged 56 after suffering from serious health complications. According to reports, Kate turned to her pension fund to help clear the eye-watering debt of covering Derek’s medical bills as he fought Coronavirus.
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The Sun report that Kate has called upon London financial experts Hacker Young, who specialises in companies who need help with “tax investigations and litigations support” to handle discussions with HMRC.
Astra Aspera Ltd, Derek’s psychotherapy company, was shut down with £184,096.96 of debt and its closure has landed his widow with the £716,000 tax bill. A company run by TV star Kate named Praespero 100 Ltd saw its assets fall by £87,043 back in 2022, according to the publication. Daily Star has reached out to Kate representatives for a comment.
(Image: ITV)
Derek’s bills totalled £16,000 a month just for his basic care and mobility support. A source close to Kate said: “It’s no secret that Kate has had a lot of financial burdens to deal with including Derek’s medical and care bills and the inevitable collapse of Derek’s company.
“Kate has wisely sought some help and is working with a team to help guide her through addressing all these debts as speedily as possible.” It comes after the mother of two revealed live on Good Morning Britain that she’d been forced to cash in her pension.
(Image: ITV)
She told a guest who has had to pay £15,000 for their own private healthcare: “You need every penny of that pension. I’m doing something similar myself. I’ve just had to withdraw the bit you can tax-free for my pension to pay belated bills for my husband that passed away. I am ashamed of the fact that I am in debt because I have an incredible job that I love, that’s very well paid. I’m not a carer travelling miles, paying their own transport to go and help somebody for minimum wage.
(Image: ITV)
“I’m somebody that is very well paid and so I just feel a shame that I couldn’t make it work.” During her documentary, Kate Garraway: Derek’s Story, the former I’m a Celebrity… Get Me Out of Here! star admitted she was in dire financial circumstances following Derek’s health issues. Kate shared how her ITV salary didn’t cover the huge bills from Derek’s medical care.
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Source: Celebrities - dailystar.co.uk
