Nigel Farage has declined to commit to an investigation into the tax affairs of his deputy, Richard Tice, following reports that companies owned by Tice donated over £1 million to Reform UK. Farage swiftly defended Tice amidst allegations that four shell companies managed by Tice did not pay around £100,000 in taxes on profits from 2020 to 2022, dismissing accusations from the Labour Party as deflective.
The controversy arose after revelations that Tice’s property investment firm, Tisun Investments Ltd, transferred £1,113,000 to Reform UK. When questioned about the possibility of a probe considering the direct connection between Tice’s companies’ tax affairs and the party, Farage avoided a direct response, insinuating that Tice was being unfairly targeted.
Calls to remove Tice from his position intensified following an investigation by the Sunday Times, which raised significant concerns. Tice himself stated willingness to rectify any discrepancies if his firms were found to owe more to HMRC.
Farage recounted a past incident where Tice was previously investigated by HMRC after publicly supporting Brexit, ultimately resulting in a tax rebate for overpayment. He emphasized Tice’s extensive business background and suggested that the accusations were politically motivated, pointing out that the accuser was affiliated with the Labour Party.
Despite mounting pressure, Tice reaffirmed his commitment to resolving any potential errors in his tax affairs, citing his long history of business success and compliance with professional advice. He criticized the ongoing scrutiny as damaging to his reputation and expressed dedication to serving his constituents and advocating for the local elections.
