Max
3.3K posts












I'll tell you where they are. Out campaigning to get rid you lot in elections that wouldn't have happened with @reformparty_uk dragging you all to court. Starmer's toast and you know it. Are you looking forward to May 7th?











'Last year Richard Tice said Angela Rayner should resign if she had any moral decency after she'd underpaid stamp duty, should he also resign then by his own standards?' Zia Yusuf from Reform UK was questioned on #BBCBreakfast over reports the Deputy Leader Richard Tice had underpaid corporation tax bbc.co.uk/news/topics/cg…


This is astonishing nonsense. Nobody has identified any errors in our report. Tice’s lawyer didn’t even comment. And Tice’s statement translates into English as “you’re right, but I want to talk about something else”.



Whoever said this to @CamillaTominey is either mistaken or deliberately misleading a respected journalist to deter further scrutiny — we have see no legal complaint from Tice and stand by our reporting.







Tice, who said Angela Rayner would resign if she had "any moral decency", did not respond to our latest inquiries about his tax affairs or even acknowledge receipt. Nor did his lawyer or Nigel Farage's team. However, he has now posted a statement saying of his wider affairs: "Naturally I am always happy to put things right and if numbers need rechecking, of course I will pay what is owed - be that more or less." Where does that leave us? - Story #1: Tice avoided £600k in corporation tax by classifying his company as a real estate investment trust in unusual circumstances and benefitting from a loophole meaning he did not have to meet technical rules that otherwise applied. Tice accepts this, and said everyone should seek to avoid as much tax as legally possible. - Story #2: Tice broke the law by failing to pay at least £92k - or, per further analysis by @DanNeidle, £120k - in withholding tax before paying incorrectly large dividends to himself and his off-shore trust in Jersey. He says the dividends he personally received meant he ultimately paid more income tax, meaning HMRC received the money it was owed, or even more. He has not provided any evidence for this or addressed what tax the trust paid. He has dismissed the fact the law was broken - and the accompanying fact that the company still has an unsettled tax bill - as a "technicality". Farage, when asked to evidence Tice's claim that HMRC received equal/more tax, snapped at a reporter and demanded she provide a "lecture" on the nature of real estate investment trusts. - Story #3: Tice failed to pay ~£100k in corporation tax on dividends deposited in four shell companies he owned and which were part of a group which donated huge sums to Reform. Last month he gave us contradictory stories as to why dividends were not taxed. a) He said they were tax-exempt. (They were not in this case.) b) He said the parent group suffered losses allowing tax bills to be offset. (This is not the case.) He did not respond to further inquiries which we sent yesterday morning. Overall, the evidence indicates Tice used unusual measures to avoid £600k, and failed to pay up to £220k on tax owed. Per @DanNeidle the underpayments mean the firms are vulnerable to HMRC investigation which could lead to required repayment plus interest and fines.



Exclusive: Richard Tice failed to pay £100k in tax, benefiting his investment firm — which then gave big sums to Reform Tice gave contradictory reasons for why four shell companies paid zero tax. @DanNeidle says they flouted "basic" rule, face HMRC probe thetimes.com/uk/politics/ar…










