Earlier this year, it was reported that the Ken Barlow actor was going bankrupt for the second time in his life. In March, he was granted 12 weeks to settle his tax debt in March.
The Independent reports that Roache managed to sell off some property in order to end the dispute with His Majesty’s Revenue & Customs, and yesterday, the case against him was officially dismissed by Chief Insolvency and Companies Court judge Nicholas Briggs at a London hearing.
Getty Images
Related: Coronation Street‘s Bill Roache speaks out after jumping from a plane in skydive challenge
Judge Stephen Baister had allowed an extension period for Roache to sort out his financial affairs.
Roache originally received a tax bill over investments made to a firm in the Cayman Islands.
At the time, a spokesperson for Coronation Street shared in a statement: “We’re really sorry to hear of Bill’s financial situation. Bill has an ongoing contract with Coronation Street and remains a much-loved member of the cast.”
Advertisement – Continue Reading Below
HMRC went on to add: “We take a supportive approach to dealing with customers who have tax debts, and do everything we can to help those who engage with us to get out of debt, such as offering instalment plans. We only petition for bankruptcy as a last resort.”
ITV
Related: Coronation Street star Bill Roache defends changes to soap and darker storylines
Meanwhile, Roache’s Weatherfield character Ken has a brand-new storyline kicking off this week, as he was seen in yesterday’s episode taking a fall.
In upcoming scenes, Ken will struggle and feel demoralised about needing constant care from his loved ones.
Coronation Street airs on Mondays, Wednesdays and Fridays at 8pm on ITV1 and streams on ITVX.
