Sunday, December 22, 2024

Kate Garraway’s financial woes worsen as she is hit with £32,000 bill from liquidators for closing late husband Derek Draper’s psychotherapy company after being crippled by £700,000 tax bill

Must read

Kate Garraway has been hit with a £32,000 bill from liquidators for closing her late husband Derek Draper’s psychotherapy company after being crippled by a £700,000 tax bill. 

The presenter, 57, has been ordered to pay the £32,000 flat fee as well as 40 per cent of assets recovered from psychotherapeutic company Astra Aspera. 

Father-of-two Derek died in January following a battle with long Covid and relied on his wife’s help for much of his care. 

Kate had already been left £1.5million in debt from the cost of Derek’s care and money owed to the taxman.

Now the liquidators are investigating the possibility of any other assets which could be used to pay off company debts, The Sun reported. 

Kate Garraway (pictured) has been hit with a large bill from liquidators for closing her late husband Derek Draper’s psychotherapy company

Kate's husband Derek Draper (left) suffered severe lung damage and relied on his wife's help for much of his care

Kate’s husband Derek Draper (left) suffered severe lung damage and relied on his wife’s help for much of his care

Earlier this month, Kate revealed she resorted to withdrawing money from her pension pot to pay the huge bills from Derek’s medical care.

In an ITV documentary in April, the star admitted she couldn’t even afford to have the heating on in October.

Kate revealed that she’s taken money out of her pension to pay for Derek’s belated medical bills, after sharing the results of a GMB survey, which revealed one in five Brits are getting themselves into debt while funding private medical care.

She said: ‘I am doing something similar myself.

‘I have had to withdraw the bit you can tax free from my pension to pay for belated bills for my husband, who has now passed away.

‘People are having to do things – it wasn’t a huge pension in the first place – which aren’t what they saved for.’

Kate previously shared that she researched accessing her pension fund early to try and fund Derek’s care.

In a recent episode of GMB, she said: ‘It’s only when a crisis hits you suddenly think hmm.

‘I have experience of this, Derek fell very ill in March 2020. I was aware that he had some pensions, I had a small one that I knew.’

MailOnline has contacted Kate’s PR for comment.  

Latest article