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Millionaire who passed assets to wife to avoid paying debts could lose home

  • Posted on July 13, 2026
  • By The Times
  • 1 Views
  • 1 min read
In brief

A high-ranking tax professional from Ernst & Young faced significant legal consequences after attempting to shield personal assets from creditors through spousal transfers. Following bankruptcy proceedings initiated in 2017, the individual accumulated substantial liabilities exceeding £600,000 in unpaid taxes, penalties, and accrued interest. Courts are now examining the legitimacy of asset transfers, potentially leading to property seizure and enforcement actions against undisclosed holdings.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Millionaire who passed assets to wife to avoid paying debts could lose home
Millionaire who passed assets to wife to avoid paying debts could lose home

John Dixon, a tax specialist for Ernst & Young, was made bankrupt in 2017, owing more than £600,000 in unpaid tax, penalties and interest
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Author
The Times

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