Woke Socialist. Anti reform and farage. Proud Brummie. I swear a lot! Dog and cat rescuer. Heavy Metal and Rock are my favourite music but I love all sorts.
This is Kyiv region last night. Houses damaged, one person wounded after another Russian attack. Another horror night in the country torn by war. Next time, when you will be hearing about 90% of defence in Ukraine -- remember check the consequences of the latests shelling. Ordinary people in Ukraine suffer daily living unprotected from the insane war.
Isabel Oakeshott who you’ll recall screeched like a banshee thrice daily for months on end to get Angela Rayner to resign, is here crying because a right wing newspaper has ran two fully researched and accurate stories about Tice’s ongoing tax shittery
@BasilTheGreat How very unkind of you!
My last PA was a Muslim woman, fully integrated with a quiet faith!
You would make her afraid to be British!
How dare you terrifying our citizens, you immensely unpleasant "patriots"!!
@BasilTheGreat The racist minority are out in force today… fixed it for you. Oh and btw only 6% of the UK is Muslim so what are you even mewling about? Why do those ugly mainly male bald twats care about other folks’ religions anyway? Like they ever go to Church!😂😂
@BasilTheGreat 30’s Germany all over again. Learn something from history you fuckwitts. Replace Jews with Muslims, and you’ll see what’s happening here. How far will we go this time, before yet again, the killing starts??
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.
To clarify this £100k is wholly different to £92k in unpaid tax we revealed last week and £600k we examined last month.
It’s the tax Tice failed to pay on profits from his property firm deposited in four shell entities: Tisun 1, 2, 3, 4.
Their parent then donated to Reform.
🚨Sunday Times investigation today:
Richard Tice’s companies appear to have failed to pay £100,000+ in corporation tax on profits, while funnelling over £1 million in donations to Reform UK.
Tice calls it a “technicality” but critics say it looks like aggressive tax avoidance benefiting both him personally and his party.
The party that campaigns hardest against the establishment and tax avoidance now finds itself accused of exactly that.
NEW: Fresh questions for the deputy leader of Reform after investigation reveals he failed to pay almost £100,000 in tax, benefitting his investment firm…
…which then gave big donations to Reform UK.
This isn’t going away.
Please enjoy this video from last year in which Richard Tice opines liberally about Angela Rayner’s tax affairs and calls for her departure. I’m sure it’s only a matter of time before he applies this very strict moral principle to his own tax arrangements.
@LangmanVince I cannot understand ageism. It is a privilege to get older, one thats denied to many of us.
When you see someone old having fun, why ridicule it??
You will be old one day-if youre lucky enough!