Rugby legend Lawrence Dallaglio has been granted additional time to sustain his business amidst action from the tax authorities.
As per the Mail Online, HMRC has made an application to liquidate Lawrence Dallaglio Limited. However, his accountants are seeking an extension to repay the owed money.
A crucial vote by the tax authority and other creditors will decide whether the company can opt for a legally-binding voluntary arrangement, enabling them to repay their debts over an agreed-upon period.
Lawrence Dallaglio is facing a personal back tax debt of £700,000 to HMRC, which has prompted bankruptcy action against the former star. In June, he was given an extension to settle the amount, as he attempted to raise funds by selling a property.
Recently, he filed the accounts for Lawrence Dallaglio Limited, covering the 12 months up to April this year, disclosing that he took loans of £338,263 and £553,947 from the company in 2021 and 2022, respectively.
After partial repayments, he still owes the company £366,510. It’s important to note that Dallaglio is the sole director of the company, and the accounts reveal that, after deducting liabilities from assets, the company’s capital and reserves amount to just £2.
Alex Dombrandt and Henry Slade among nine England players released by Steve Borthwick
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Owen Farrell will captain England in his third Rugby World Cup with Ellis Genge and Courtney Lawes named as vice captains.
The 2023 England World Cup squad is made up of 19 forwards and 14 backs, totals over 1,400 England appearances, with an average age of 27. 17 players have previous Rugby World Cup experience.
Head coach Steve Borthwick has left out a number of big names, including Alex Dombrandt and Henry Slade.
Jamie Blamire (Newcastle Falcons)
Hooker Jamie Blamire has been part of the England set-up at both Under 18 and Under 20 level before his progress to the senior squad.
The Newcastle Falcons front row helped the Under 20 side to a Grand Slam in 2017 and reached the final of the of the World Rugby U20 Championship later that year. Hailing from Cumbria, he played for Tynedale before he joined the Falcons’ academy and made his debut for the club in 2017. He was named Newcastle’s academy player of the year in the 2018. Blamire received his first call-up to England’s senior squad in the summer of 2021.
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Alex Dombrandt (Harlequins)
England fans will remember Alex Dombrandt from his outstanding performance in the Quilter Cup game against the Barbarians at Twickenham.
Making a first outing for the England XV side, he crossed the whitewash twice in a Man of the Match performance where his powerful ball carrying and deft off-loading skills were on show. Dombrandt made his Test debut against Canada in July 2021. In 2022, Dombrandt scored a try in England’s 23-19 win over Wales at Twickenham in the Six Nations. He was included in Steve Borthwick’s 36-player squad for the 2023 edition of the tournament.
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