Bill Roache settles tax dispute with HMRC – what you need to know

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Coronation Street’s much-loved actor William Roache, known for his iconic role as Ken Barlow in the long-running soap opera, has finally settled his tax dispute with HMRC after a twelve-week deadline. The 92-year-old actor, who reportedly earns around £250,000 a year, was not present at the recent High Court hearing but will no doubt be relieved by the outcome.

Roache’s financial problems came to light earlier this year when it was reported he was earning thousands of pounds a week through video messages to fans, while also facing possible bankruptcy. His involvement in a £500 million tax avoidance scheme in 2018 contributed to his financial problems, although the exact amount of his investment in the Cayman Islands company remains unclear.

Despite these challenges, Roache remains a much-loved member of the Coronation Street cast, with a spokesperson expressing sympathy for his situation and confirming his ongoing contract with the show. Fans have been captivated by Roache’s portrayal of Ken Barlow for almost 64 years, which earned him the Guinness World Record as the longest-serving TV soap star in the world.

In addition to his record-breaking television career, Roache was honored with the title of OBE in December 2021 in recognition of his contributions to drama and charity in the Queen’s New Year Honors list. His dedication to both his craft and philanthropic endeavors has cemented his status as a respected figure in the entertainment industry.

As Roache puts this challenging chapter of his financial journey behind him, his fans and colleagues continue to show their support for the legendary actor who left an indelible mark on British television. With his longstanding presence on Coronation Street and his esteemed accolades, William Roache’s legacy as Ken Barlow will undoubtedly continue for years to come.