You can see Pimlico Plumbers' accounts on the Companies House website. The company number is 02012715.
The latest annual accounts are for the year ended 31 May 2021. The last complete year before he sold 90% of his shareholding.
It is slightly misleading for him to say that he has paid £120m in tax. Most of that will be CT on the company's profits. Obviously some of it will be PAYE on his salary. There will also be some CGT on the sale of his 90% shareholding plus income tax on his dividends.
Please do not forget that it was his employees who did the work (apart from when he first started) and who earned those profits. There is no way in which he could have earned turnovers in excess of £40m just working as a plumber.
In the accounts referred to above the net profits were circa £4.9 m and £3.2 m was paid out in dividends.
The accounts are easy to read.
How ironic - some HMRC staff essentially committing fraud.
US troops forced to act on the ground?
