Cheryl Baker’s Financial Fiasco: From Hits to Humble Fees

Cheryl Baker, singer from Bucks Fizz, left penniless after the pandemic, owes a hefty tax bill. With only a virtual gig for income, she declared herself broke in 2021. She’s since put her £1.4 million Kent home on the market while reminiscing about her humble beginnings and the shockingly low pay from record sales.

Cheryl Baker, the iconic Bucks Fizz singer, has had her finances spiralled into chaos following the Covid-19 pandemic. With gigs disappearing faster than you can say ‘Bucks Fizz’, she found herself “penniless” and battling a hefty tax bill. After only clocking in one virtual gig for income, she declared herself “broke” and had to put her tax repayments on hold, turning to the government for mercy in returning her cash flow.

Poor Cheryl, 71, shared her struggles with OK! Magazine, exclaiming, “I physically haven’t got the money to pay anybody because I’m broke!” Oh, the bittersweet irony! A stellar year in 2018 left her owing tax when she was on cloud nine, but now she’s stuck in a storm cloud of debt because she can’t claim a dime from the government.

Her journey into the spotlight began when Bucks Fizz won the Eurovision Song Contest in 1981, which led her to buy a swanky £1.4 million cottage in Kent. Despite her financial woes, Cheryl decided to list her house for sale in 2023, along with decluttering her wardrobe and selling her car—turning her green thumb to growing veggies just as one should during a veggie shortage.

Her Kent home, previously acquired for £750,000, hit the market for the same price as a fancy sports car, boasting four sumptuous bedrooms, a few more upstairs, and even three bathrooms—because why not? Decorated in a blend of modern style and charming original features, it’s certainly a showstopper, despite the sad circumstances that led her to sell.

Cheryl’s rags-to-riches story doesn’t shy away from her humble beginnings in a council flat in Bethnal Green. With secondhand everything, she knew the sting of being “the poor kid” at school. In a brutally honest revelation, she admitted to The Sun that despite the fame, she was left with a measly slice of pie—”less than a penny” per record sold! Registering a slight indifference, she said: “Money gets me by, but that’s all. I’m not into material things.” How’s that for a generous perspective?

In a time of glowing success, Cheryl Baker is currently facing a harsh financial reality due to the pandemic’s grip on the entertainment industry. Despite her previous triumphs and glamour, her current struggles with tax bills and selling her family home remind us that laughter is indeed the best medicine, even when cash is low! Let’s raise a glass of fizzy bubbles to the iconic singer, who continues to navigate life’s rollercoaster with grace and resilience!

Original Source: www.express.co.uk