Richard Tice’s firm alleged to have broken law by failing to pay tax

Report says company did not pay tens of thousands in tax on dividends given to Reform UK deputy leader and trust

Richard Tice’s company has been accused of breaking the law by allegedly failing to pay tens of thousands of pounds in tax on dividends that were paid to him and his offshore trust.

Reform UK’s multimillionaire deputy leader is alleged to have received at least £91,000 in excess payments as a result, the Sunday Times reported. Dan Neidle of Tax Policy Associates – whose analysis was cited by the newspaper – said that further analysis suggested that the total in tax that should have been paid by Tice’s company was about £120,000.

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from The Guardian https://ift.tt/QncDoza