Friday 26 September 2014

Financial Flatline: Sugababes singer Mutya Buena is declared bankrupt after failing to pay tax bill

Financial Flatline: Sugababes singer Mutya Buena is declared bankrupt after failing to pay tax bill 

She was one third of the successful girlband the Sugababes. 
Under their reign she enjoyed four UK number ones before releasing two solo albums and appearing on Celebrity Big Bother.
But 29-year-old Mutya Buena has been ordered to file for bankruptcy by a High Court judge after she failed to pay a tax bill. 
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Bankrupt:Mutya Buena has been ordered to file for bankruptcy by a High Court judge after she failed to pay a tax bill
Bankrupt: Mutya Buena has been ordered to file for bankruptcy by a High Court judge after she failed to pay a tax bill
However the singer’s reps have told The Sun Mutya is blaming the bankruptcy on an ‘administrative error.’  
    According to paperwork lodged with Companies House, the Flatline hitmaker owed her company God Made Me Funky around £22,500 and the organisation only managed to register a profit of £902 in March 2013. 
    Making matters worse is the fact her other company, Sacred Three Limited, is reportedly in £10,000 of debt.
    Mutya still performs with the band MKS, which is made up of former Sugababes founding members Siobhan Donaghy and Keisha Buchanan, but the girls haven't released any new music since September. 
    Just a misunderstanding? The singer's reps have told The Sun she is blaming the bankruptcy on an ‘administrative error'
    Just a misunderstanding? The singer's reps have told The Sun she is blaming the bankruptcy on an ‘administrative error'
    Mutya's representatives revealed she ‘continues to write and record with the band.’ 
    Following their comeback, the group - also known as Mutya, Keisha, Siobhan - released single Flatline but it only made number 50 in the UK chart.
    Mutya isn’t the only singer who was popular in the early 2000s to recently file for bankruptcy.
    Back in the day! The band first formed in 1998 and released their debut album One Touch in 2000
    Happier times: (L-R) Heidi Range, Mutya Buena and Keisha Buchanan, pictured here in London in 2003, enjoyed success as the Sugarbabes 
    Last month Blue singer Antony Costa declared himself bankrupt, following in the footsteps of his fellow bandmates Duncan James and Simon Webbe who both declared themselves bankrupt last year after they were unable to pay their debts.
    Meanwhile Atomic Kitten star Kerry Katona was bankrupt in 2008 and 2013, and as a result she asked for money from her wedding guests at her nuptials to George Kay earlier this month to help feed her children.
    ‘I have asked for money. Just a fiver in a card will do. I'm bankrupt and I've got five kids to feed,’ Kerry explained.
    Back in the day! The band first formed in 1998 and released their debut album One Touch in 2000
    Back in the day! The band first formed in 1998 and released their debut album One Touch in 2000



    Read more: http://www.dailymail.co.uk/tvshowbiz/article-2771038/Sugarbabes-singer-Mutya-Buena-declared-bankrupt-failing-pay-tax-bill.html#ixzz3ERxvWKos
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