Tice has written to Labour about a company, Labour Party Properties Ltd, that he said had not paid corporation tax since 2000.
Labour Party Properties is a company that buys, sells and lets its own or leased real estate, according to the Companies House filing, external, where its accounts are six months overdue.
In his open letter to Turley, asking why the company appeared to have received more than £30m in rental income, Tice said “it appears that no corporation tax has been paid during this period”.
“Given the Labour Party’s consistent and very public stance on tax fairness, transparency, and the responsibility of businesses to contribute their fair share, this raises a number of questions which I believe warrant a clear explanation,” he said.
Tice has asked the party to explain why no corporation tax has been paid, specify which “reliefs, exemptions, or accounting treatments” have been applied and whether that is “consistent with the principles it advocates for the wider business community”.
Responding to Reform’s press conference, Turley did not address the allegations about Labour Party Properties Ltd, but said the Reform MP needed to “come clean with the British people as to why he’s gone to such extreme lengths to avoid paying £600,000 in tax”.
It is understood the latest accounts for Labour Party Properties Ltd are to be finalised shortly. The BBC was told all tax liabilities are accounted for in accordance with the rules.
A Labour Party spokesperson said: “Richard Tice is brazenly attempting to deflect from his own tax affairs by slinging mud and hoping something will stick.
“He needs to explain to the British people why he has gone to such extreme lengths to avoid paying almost three quarters of a million pounds in tax.”
