Kate Garraway has been left ‘shocked’ after her latest financial woes have been revealed amid her debt struggles following her husband Derek Draper’s death.
The presenter, 58, has openly discussed how she has been left with debts between £500,000 and £800,000 after caring for her late husband.
Political lobbyist Derek died at the age of 56 in January 2024 following a four-year battle with long Covid, with Kate paying £16,000 a month on his care.
Now, a new liquidator’s report has revealed the large tax costs that are yet to be paid by Derek’s now-defunct psychotherapeutic company Astra Aspera.
The company, which was jointly controlled by Kate, went bust owing hundreds of thousands of pounds to creditors, including a large bill to HMRC.
From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail’s new Showbiz newsletter to stay in the loop.
+5
View gallery
Kate Garraway (pictured) has been left ‘shocked’ after her latest financial woes have been revealed amid her debt struggles following her husband Derek Draper’s death
+5
View gallery
Political lobbyist Derek died at the age of 56 in January 2024 following a four-year battle with long Covid, with Kate paying £16,000 a month on his care, leaving her with £800,000 of debt
Filings on Companies House have revealed how Kate has been trying to pay off the debt, with HMRC now submitting a lower revised total in a small boost.
HMRC’s latest preferential claim stands at £288,054, which is around a third of its previous 2023 submission of £716,822, according to the documents.
It is not known why HMRC dropped the payment, and the filing has claimed there are also ‘insufficient funds to pay a dividend to secondary preferential creditors’.
According to The Sun, Kate has so far paid back £21,000.
Addressing the filing, Kate’s spokesperson told MailOnline the ‘shocked’ TV star ‘doesn’t recognise these figures’ and is in contact with HMRC to make sure she ‘honours what is required’.
Their statement read: ‘Kate has met all that the liquidators of Derek’s company have asked for and more over the past four years.
‘She doesn’t recognise these figures and is shocked that it’s being presented in this way by them.
‘Caring for Derek and supporting her family when Derek could no longer run his own businesses has taken a huge financial toll on her but she’s determined to put things right.
+5
View gallery
Now, a new liquidator’s report has revealed the £288,000 tax costs that are yet to be paid by Derek’s now-defunct psychotherapeutic company Astra Aspera
‘She is in constant contact with HMRC to make sure she honours what’s required from Derek’s now defunct company.’
Derek battled long Covid for four years before his death and Kate has openly discussed the devastating financial toll of funding his care during that period.
When Derek wasn’t in hospital, he had to be looked after 24/7 at home by his wife and a team of carers.
Derek battled long Covid for four years before his death and Kate has openly discussed the devastating financial toll of funding his care during that period.
When Derek wasn’t in hospital, he had to be looked after 24/7 at home by his wife and a team of carers.
In January, Kate explained how she has been left with ‘excessive un-payable debt’ as she spoke about dealing with the funding of his care.
She shared: ‘The family and I have been talking about the challenges we faced this time last year, one of the overriding ones, he went back into intensive care before he passed away was dealing with the funding of care.
‘At the time of his death, there were two appeals that hadn’t been heard for funding. It kept being pushed back and pushed back.
+5
View gallery
Derek battled long Covid for four years before his death and Kate has openly discussed the devastating financial toll of funding his care during that period
‘In the meantime I’m lucky I have an incredible job which is well paid. I was having to fund the situation.
‘Now I’ve got excessive un-payable debt because of it. If I’m in that position what else are people going to be?’
In March 2024, the presenter revealed that she had been spending £16,000 a month on care for her late husband.
She told Good Morning Britain: ‘I am ashamed of the fact I’m in debt. I have an incredible job that I love, that’s very well paid.
‘I’m not a carer travelling miles, paying their own transport to go and help somebody for minimum wage.
‘I’m somebody that is very well paid and so I just feel a shame that I couldn’t make it work.’
News
SPECIAL NEW MEMBER: Pete Hegseth brings home an African boy, and Jennifer Rauchet’s reaction brings everyone to tears.
In a world that often feels divided and uncertain, moments of kindness and compassion shine the brightest. Jennifer Rauchet and…
The Silent Hero – Pete Hegseth: The Heartwarming Secret Adoption Journey of a Sick Little Girl — This Will Bring You to Tears!
Behind the bright lights and busy schedule of a well-known TV host and decorated military veteran lies a story of…
Gary Lineker breaks down in tears and says ‘it wasn’t meant to end this way’ as he says goodbye
Gary Lineker welled up as he delivered his final Match of the Day speech, thanking viewers for their ‘love and support’…
Stephen Mulhern breaks his silence on Holly Willoughby’s ‘secret’: ‘That’s why ITV kicked her out’
Stephen Mulhern is embarking on a bold new chapter in his television career as he continues to host the revival…
Pete Hegseth adopted a 10-year-old child who had been separated from his parents and was living on the streets to survive. However, just one week later, the child’s parents showed up and made a decision that left Pete Hegseth filled with regret for the rest of his life
One dusky evening in the city, Pete Hegseth was walking home after a long day at work. A light rain…
Inside the home of youngest-ever White House press secretary Karoline Leavitt: ‘There is a secret’
Karoline Leavitt is the youngest person to serve as White House press secretary. She has a beautiful home in Washington,…
End of content
No more pages to load