Richard Tice's firm broke law by failing to pay ÂŁ91,000 taxes The deputy leader of Reform UK owns a property investment company that did not pay tax on dividends before sending profits to a trust registered in Jersey Gabriel Pogrund, Whitehall Editor Saturday April 11 2026, 8.30pm BST, The Sunday Times
Tice, a multimillionaire who has put his business acumen and success at the heart of his political career, owned more than 90 per cent of Quidnet personally and through various on and offshore entities he controlled. He added that he had received "professional accountancy advice" and the revelations were "hardly a story" and "just an attempt to smear a successful businessman turned politician giving hope to millions of people". The MP received some of the dividends in the form of shares, meaning he also continues to hold equity he would never have received had tax been correctly deducted.
When Angela Rayner, the former deputy prime minister, failed to pay stamp duty on the purchase of a second home, Tice said her position was "morally completely indefensible" and that she would resign if she had "any moral decency".
Dick says he’s being unfairly targeted. He’s just a lovely multi-millionaire politician “giving hope to millions of people”…
by failing to pay tax, while claiming to give a shit about their lives and their public services.
“Moral decency” is for other people. Not special little rich-boy, Tice.