Former world champion Rob Cross has prohibited as a company director on tax payments | Darts News
Rob Cross was punished after omitting more than £ 450,000 in tax.
Consequently, the former world champion was “disqualified as director” of his company after the insolvency service found Cross withdrew more than £ 300,000 from “Rob Cross Darts Limited” between March 2020 and November 2023 which should have gone to creditors, including HMRC.
Cross, which should play in the Nordic Darts Masters in Copenhagen this weekend, will no longer be authorized to be a director before 2030. He was appointed director in May 2017.
This prevents him from participating in the “promotion, training or management of a company, without the authorization of the court”.
Rob Cross Darts Limited, his business, was created to make “tension” receive his income from his professional dart career and his price.
In addition to the £ 300,000, CROSS also took more than £ 400,000 from Rob Cross Darts Limited in the form of a loan account of an administrator at a time when the company became in liquidation.
Cross admitted that it was “at the risk and the ultimate detriment of the HMRC”.
In order to repay his debts, the 2018 world champion has now entered an individual voluntary arrangement (IVA). How much he will contribute via this arrangement depends on his earnings during Darts tournaments.
Kevin Read, chief investigator of the insolvency, said: “When the administrators did not pay the amount of correct tax, this has a direct impact on the government’s ability to finance vital public services such as NHS, schools, transport infrastructure and our national defense.
“The company of Rob Cross owed more than £ 400,000 in corporate tax only when it went into liquidation. For more than three years, he withdrew funds from the company that should have gone to the HMRC and other creditors.
“This case shows that we will continue measures against the administrators who deprive the public bag of essential funds. The rules also apply to all those in business, and we expect all the directors of the company to comply with their legal responsibilities.
“The application of these rules is crucial to maintain a playing field and prevent companies from obtaining an unfair competitive advantage compared to compliant companies that correctly fulfill their tax obligations.
Sky Sports contacted the PDC to comment.
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