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Celebrity selling off old furniture to pay £100k tax bill

Coronation Street actor Simon Gregson is reportedly selling his old furniture to address a £100,000 tax bill and settle debts with HMRC. Known for portraying Steve McDonald on the ITV soap, Gregson is said to be attempting to clear outstanding amounts owed to Coutts bank for a Covid bounce-back loan and other HMRC debts. The total debt is estimated to be £165,000, and there were previous reports in November last year that Simon Gregson Productions Ltd, the actor's firm, had gone bankrupt.

A report on the company's demise indicated that the office equipment, valued at £4,208 in financial statements, may have minimal realisable value due to its age and condition. The firm reportedly had £6,000 in cash when it ceased trading. Simon, who has been part of Coronation Street for 34 years, has also participated in reality shows, finishing as a runner-up on the 2021 series of "I'm A Celebrity... Get Me Out of Here!" where he reportedly earned £250,000.

Photo © Inna Felker |

During his appearance on the show, Simon acknowledged his participation was motivated by the substantial financial reward, stating, "the money is good". However, he did not disclose the exact amount he earned, describing it as "enough to get me out of trouble" and comparing it to a "solid gold diamond goblet." Simon's net worth was previously estimated at around £1 million, with his Coronation Street role reportedly earning him £150,000 annually.

Last year, Simon opened up about his struggle with anxiety, revealing that he experienced up to 12 panic attacks a day. He attributed his challenges to the pressures of fame during his teenage years and commended Coronation Street for implementing support networks for younger cast members today.


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