The Huffington Post
Richard Tice, the leader of Reform UK Party, attends an election campaign in London, Thursday, May 23, 2024 Richard Tice allegedly failed to pay almost £100,000 in corporation tax, according to a new investigation. The Sunday Times reported that the deputy leader of Reform ran four shell companies which did not pay any tax on profits between 2020 and 2022, when they should have paid £98,000. That money benefitted his investment company which donated large sums to Reform, according to the newspaper. The Sunday Times reports that this is the first time his tax affairs can be directly linked to the party finances. Allegedly, Tice’s company Tisun Investments Ltd transferred £1,113,000 to Reform between March 2020 and May 2022. According to Dan Neidle of Tax Policy Associates, the issue could leave Tice vulnerable to an investigation by HMRC. The MP for Boston and Skegness issued a statement saying he would be happy to “pay what is owed” if needed, and that a long career with multiple companies was “bound to feature some errors”. He also accused the report of including unspecified “assumptions, numbers and dates” which were “incorrect”, and claimed it was part of a “smear campaign”. Reform previously said the reported failure of Tice’s company to pay tens of thousands of pounds in tax on dividends was a “minor administrative error”. Tice previously said Angela Rayner should resign from government after the then-deputy prime minister underpaid on stamp duty. Fellow Reform MP Robert Jenrick defended his colleague while speaking to the BBC’s Laura Kuenssberg on Sunday, saying: “Richard has taken advice he believes he has paid the tax he should have paid. “In fact, he thinks he may have overpaid tax because he paid it through personal taxation rather than through a company. “If it transpired that he has underpaid tax, of course he’ll pay it. But that’s not his position, he thinks he’s has paid the right amount.” Tice also issued a full statement on social media on Saturday night: THE SUNDAY TIMES: A STATEMENT FROM RICHARD TICE MP, DEPUTY LEADER OF REFORM UK The Sunday Times is still crawling all my business career in the hope of dredging up some more obscure technical issues from years ago. They openly admit their "journalism" is a joint venture with a… pic.twitter.com/EfiFQPtv0o — Richard Tice MP (@TiceRichard) April 18, 2026 Liberal Democrat deputy leader and Treasury spokesperson Daisy Cooper said: “This appears to be a blatant disregard of the rules. “Under the Conservatives, it was one rule for them and one rule for everyone else, and it seems that Reform UK is no better. “HMRC needs to investigate these claims without delay.” Anna Turley, chair of the Labour Party, said: “Richard Tice’s credibility is in tatters and Nigel Farage needs to urgently explain why he remains Reform’s deputy leader. “Tice aggressively attacked the Sunday Times for raising questions about his tax affairs, but he now admits that he may not have paid the taxes he owes. It appears his explanations weren’t true. “Richard Tice’s businesses reportedly broke the law by failing to pay tens of thousands of taxes they owed, and then gave huge donations to Reform UK. And Nigel Farage has stood by him throughout. “This is a major scandal that’s not going away. Tice has called for others to resign over tax errors that involved less money than this. “He can’t now claim that the rules don’t apply to him. It’s clear that he won’t meet the standards he applies to others, and that he can’t meet basic standards of integrity and accountability. He and his party can’t pretend to be on the side of working people: they’re only in it for themselves.” Subscribe to Commons People , the podcast that makes politics easy. Every week, Kevin Schofield and Kate Nicholson unpack the week’s biggest stories to keep you informed. Join us for straightforward analysis of what’s going on at Westminster. Related... Exclusive: Nigel Farage Urged To Sack Reform Candidate Who Said 'Islam Is A Cancer' Nigel Farage Dismissed As 'Plastic Patriot' By Labour Minister For Criticising UK In America Blow For Nigel Farage As Reform UK Slump In New Election Polling
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