Latest News About Richard Tice Tax Avoidance

Here’s the latest on Richard Tice and tax-related coverage:

• The Sunday Times reported that Reform UK deputy leader Richard Tice’s property company used REIT structures and other arrangements that allegedly avoided nearly £600,000 in corporation tax, prompting calls for an HMRC investigation. This has dominated coverage in March–April 2026 and sparked political backlash from Labour. [BBC coverage referenced in reporting roundups; see March 15, 2026 item][9]

• Subsequent reporting in April 2026 suggested further scrutiny over whether £100,000 of corporation tax was underpaid, with Tice saying he’s “always happy to put things right” if any numbers are incorrect. The articles emphasize that the questions revolve around the classification of dividends vs taxable REIT income and the use of shell entities. [Independent, April 19, 2026; Ground News summary, April 18–19, 2026][3][6]

• Reactions from opposition and media have been sharp, with Labour calling for formal HMRC action and some outlets framing the issue as political hypocrisy given Tice’s stance on tax and public spending. Tice has defended legality and described the allegations as a smear in some reports. [BBC, Independent, March–April 2026 pieces][2][3][9]

• Related media coverage includes videos and opinion pieces focusing on the tax-avoidance allegations, the use of Real Estate Investment Trusts, and the broader political implications for Reform UK. The messages range from calls for investigations to defenses that the practices were legal or should be rechecked. [YouTube and ground/news roundups, March–April 2026][1][4][5][7][8]

What this means:

• The core issue is whether Quidnet REIT Limited and related shell structures properly taxed profits, particularly around REIT income treatment and dividends routed via offshore or pension vehicles. The situation is evolving, with official HMRC oversight potentially depending on formal investigations or audits.[3][9]

• Political consequences are ongoing, with opposition parties pressing for investigation while Tice and Reform UK emphasize legality and willingness to rectify any miscalculation. This continues to be a live topic in UK political coverage through April 2026.[2][9][3]

If you’d like, I can:

• Compile a concise timeline of the key developments and statements from March–April 2026.
• Pull direct quotes from the main articles and summarize the positions of each side.
• Create a short, neutral brief for briefing someone unfamiliar with UK tax law basics related to REITs and dividend treatment.