Dominic Chappell takes £10m BHS bill to court

Bought failing retailer for £1

James Phillips
clock • 1 min read

Former BHS owner Dominic Chappell will contest the £9.5m bill demanded by The Pensions Regulator (TPR), the watchdog has confirmed.

Chappell, who bought the failing retail store in 2015 for just £1, will ask the Upper Tribunal to strike out the two contribution notices handed out by the watchdog's determinations panel in January. The date for the hearing is yet to be set, but it will string out TPR's engagement yet even further, more than two and a half years since BHS collapsed in 2016. A spokesperson for TPR said: "Our anti-avoidance action against Dominic Chappell continues. On 15 January 2018, TPR's Determinations Panel determined that two contribution notices (in the total sum of circa £9.5m) be issued agains...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Pensions

Govt ignores pension tax lock call as petition responses top 18,500

Govt ignores pension tax lock call as petition responses top 18,500

AJ Bell started petition; Govt forced to respond after 10,000 signatures

Jenna Brown
clock 23 October 2025 • 2 min read
How SIPPs and SSASs could help power the UK's energy goals

How SIPPs and SSASs could help power the UK's energy goals

'The role of pensions in supporting renewable energy deserves further consideration'

Caitlin Southall
clock 23 October 2025 • 4 min read
IHT on pensions: A moment in time for the profession to shine

IHT on pensions: A moment in time for the profession to shine

'Bringing pensions into the IHT net marks a structural change in how wealth is transferred'

Andrew Zanelli
clock 21 October 2025 • 4 min read