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Tice £91,000 tax row is 'minor administrative error', party claims

Tice £91,000 tax row is 'minor administrative error', party claims

Summary

A property company linked to Richard Tice, deputy leader of Reform UK, did not pay £91,000 in required tax before distributing dividends. Tice and his party say this was a "minor administrative error" and that the correct tax was eventually paid through other means. Labour has called for an investigation, questioning Tice's integrity.

Key Facts

  • Richard Tice is the deputy leader of Reform UK and involved with a property company.
  • The company reportedly failed to pay £91,000 in tax before distributing dividends.
  • Tice and Reform UK claim the issue was a minor error and the correct tax was paid overall.
  • Labour has described the situation as a "major scandal" and wants an investigation.
  • The company, Quidnet REIT Limited, invests in property.
  • HM Revenue and Customs (HMRC) does not comment on individual cases.
  • Labour previously claimed Tice's company avoided nearly £600,000 in tax.
  • Tice argued there is no obligation to pay more tax than legally required.

Source Information