Joey Essex Faces Tax Trouble Amid Love Island Fame

Joey Essex, the popular reality star known for his time on ‘The Only Way Is Essex‘ and currently stirring things up on ‘Love Island‘, is finding himself in a bit of a pickle with the tax authorities. Reports indicate that his performing arts firm, Joey Essex Management, has been served a winding up petition by HMRC, the UK’s tax office.

This winding up petition suggests that HMRC is looking to shut down Joey’s company in a bid to claim what it believes is owed in unpaid taxes. The situation comes as a surprise to many, especially considering Joey’s significant fame and presence in the public eye.

The company hasn’t filed accounts since 2018, a year when it reportedly had reserves of nearly £486,000. Since then, however, they have failed to submit any further financial information. This means that HMRC has no clear idea of how much the company might actually owe, as five years of financial records are conspicuously missing.

At just 33 years old, Joey is the sole director and shareholder of Joey Essex Management. This lack of filing may result in mounting fines from Companies House, the UK registry of companies, which requires companies to submit accurate financial records on a timely basis.

The unfolding tax issue has now opened the door for a potentially costly and embarrassing High Court case against HMRC. Joey’s challenges don’t stop at this single company—he also owns three other active businesses. One of these is JDE Property Limited, which currently holds a worth of only £100.

Joey has recently branched out into other ventures, having set up two new businesses in 2023: Fusey Productions Limited and The Top TT Limited. However, similar to his management company, these new entities have yet to file their first set of financial accounts.

<pWhile grappling with these financial troubles, Joey Essex has captivated audiences on 'Love Island', where he is currently in a couple with a 25-year-old contestant. His love life has generated buzz, but he has also faced criticism from viewers, particularly regarding conflicts with an ex on the show. These clashes have led some fans to accuse him of bullying.

<pInterestingly, Joey himself applied to be on 'Love Island', revealing in a conversation with The Sun that he had always dreamt of participating in the popular reality series. He mentioned that he has had a long-standing relationship with Mike Spencer, who serves as the creative director for ‘Love Island’.

In a casual exchange, Joey shared that he felt it was the right moment to dive back into a reality TV environment, which ultimately led to him reaching out to Mike and requesting to be considered for the show.

Amid the ongoing drama in the villa and his financial pressures, fans remain captivated by Joey’s every move. With the pressure to maintain a certain public image while navigating personal and professional challenges, Joey’s journey is unfolding in the public eye.

As ‘Love Island’ continues to reveal the dynamics of its cast, Joey’s experience showcases the complexities faced when fame collides with real-life issues. There’s no doubt that viewers will keep their eyes peeled to see how he navigates both his romantic entanglements and this mounting tax battle.