Sunrise Radio’s HMRC debt to be settled today

Sunrise Radio will be settling its tax dispute with HMRC today over a debt of nearly �400,000.

According to a news report on Sunrise Radio today, the dispute rose when HMRC demanded �390,000 but only �352,000 was due.

Sunrise Radio Group Chairman, Avtar Lit said, “We are big brands and therefore big news but most did not know the details. But the whole issue, like I said from the very beginning will be resolved and HMRC has been paid the correct amount.”

At a court hearing last month, Sunrise Radio Group was given 42 days (until Monday 14th October) to fork out the overdue amount. HMRC had filed a ���wind-up�۝ petition against Sunrise Radio for money the radio giant owed. BizAsia contacted HMRC after the hearing today, who declined to comment due to legal reasons. They were not in a position to discuss the affairs of businesses at any stage of the process.