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News & politics

Farage tax avoidance

(150 Posts)
Nandalot Fri 05-Sept-25 12:38:10

I have only seen Farage’s use of his company to receive his salary from GB news, thereby only paying 25% tax not 45% tax, reported in papers like The Guardian and The Independant.
www.theguardian.com/politics/2025/sep/05/nigel-farage-uses-private-company-to-pay-less-tax-on-gb-news-earnings
The Daily Mail and The Telegraph do not seem as keen to highlight this as they did Angela Rayner’s problems with stamp duty.

LizzieDrip Sat 06-Sept-25 10:32:52

Mollygo

I wonder how many other high profile people including MPs are concerned about the digging that might follow the latest events.
Of course there’s no evidence that anyone is digging, but there won’t be until the next possibility comes to light.
Anyway ‘ers bin proper sorted out, so ain’t it time to let t’matter drop?

Yes it is time to ‘let the matter (of AR) drop’ … this thread is about ‘Farage tax avoidance’.

Casdon Sat 06-Sept-25 10:33:39

Mollygo

I wonder how many other high profile people including MPs are concerned about the digging that might follow the latest events.
Of course there’s no evidence that anyone is digging, but there won’t be until the next possibility comes to light.
Anyway ‘ers bin proper sorted out, so ain’t it time to let t’matter drop?

I suspect a lot of MPs are concerned. The media is always searching for sensation, and that desire is definitely escalating. You can see it on both right and left biased media, there have been several stories about people other than Rayner in the last few days. She will be yesterday’s news by the middle of next week.

Maremia Sat 06-Sept-25 10:35:20

Perhaps the Good Law Project is one of the organisations looking into Farage's monetary affairs. Also Byline Times.
Slow and steady, digging away.

Casdon Sat 06-Sept-25 10:42:02

I like FullFact too, they tend to be on the money with their articles. It may not be Farage next, but it will be somebody I’m sure.

LizzieDrip Sat 06-Sept-25 10:43:19

Maremia

Perhaps the Good Law Project is one of the organisations looking into Farage's monetary affairs. Also Byline Times.
Slow and steady, digging away.

I agree.

However, if their findings aren’t picked up by the DM et al, they won’t gain any traction - sadly.

Mollygo Sat 06-Sept-25 10:49:01

Casdon
The media is always searching for sensation,
Should evidence of wrong doing not be sought out and publicised because the culprit is an MP? That’s never applied before.

As someone from her constituency on the news pointed out, if we’d been caught out we’d have suffered the consequences, so why shouldn’t she (AR)?

Casdon Sat 06-Sept-25 10:49:11

LizzieDrip

Maremia

Perhaps the Good Law Project is one of the organisations looking into Farage's monetary affairs. Also Byline Times.
Slow and steady, digging away.

I agree.

However, if their findings aren’t picked up by the DM et al, they won’t gain any traction - sadly.

There is left wing media too though LizzieDrip, and you can guarantee that if the Mirror for example has a big scoop it will be picked up - at the end of the day the story is more important than the individual, and they revel in bringing big names down - Boris Johnson was their darling if you remember.

Casdon Sat 06-Sept-25 10:50:43

Mollygo

Casdon
The media is always searching for sensation,
Should evidence of wrong doing not be sought out and publicised because the culprit is an MP? That’s never applied before.

As someone from her constituency on the news pointed out, if we’d been caught out we’d have suffered the consequences, so why shouldn’t she (AR)?

Yes Mollygo I do think all politicians should be exposed for wrongdoings.

MaizieD Sat 06-Sept-25 11:00:29

Casdon

MaizieD

It’s the ‘until someone proves otherwise’ that is the real issue I think David49. Journalists are definitely digging now, on him and other high profile people.

I find that very hard to believe, Casdon. Which journalists are digging into Farage’s tax affairs?

Farage has been an absolute gift to journalists all this summer, enlivening the silly season with incitement to racist protest and demented fantasies of deportation of immigrants. I really can’t see them destroying the goose that lays them such lovely golden eggs.

Just google Farage Tax MaizieD, and there is quite a lot of information there already.

I don't usually use Google. My default search engine disclosed nothing beyond the company he uses to minimise tax on his GB News earnings and the fact that the house near Clacton* was supposedly purchased by his girlfriend, not him.

So I changed my search engine to google and it only told me about the GB News company.

I'd be interested to know what it's telling you, Casdon

*While the media seem disinclined to disclose where this house is I recall that we had a bit of a thread about it earlier this year and it was said that the house is in Frinton. Which is about as 'unClacton' as you could possibly get... hmm

Wyllow3 Sat 06-Sept-25 11:02:35

GrannyGravy13

growstuff

There have already been three threads about Angela Rayner. This one is to discuss Nigel Farage's tax.

AR is GN’s obsession de jour

NF is being lined up for the next one.

Oh good. 👍

LizzieDrip Sat 06-Sept-25 11:03:50

Mollygo

Casdon
The media is always searching for sensation,
Should evidence of wrong doing not be sought out and publicised because the culprit is an MP? That’s never applied before.

As someone from her constituency on the news pointed out, if we’d been caught out we’d have suffered the consequences, so why shouldn’t she (AR)?

Yes Mollygo I do think all politicians should be exposed for wrongdoings

I absolutely agree too!

GrannyGravy13 Sat 06-Sept-25 11:10:16

Politicians despite making the laws should not be above the law.

Unfortunately there are so many grey areas regarding tax, trusts and off shore companies, that give people a chance to sail close to the edge of legality.

It is these areas which cause problems, even for the experts.

Casdon Sat 06-Sept-25 11:20:50

MaizieD

Casdon

MaizieD

It’s the ‘until someone proves otherwise’ that is the real issue I think David49. Journalists are definitely digging now, on him and other high profile people.

I find that very hard to believe, Casdon. Which journalists are digging into Farage’s tax affairs?

Farage has been an absolute gift to journalists all this summer, enlivening the silly season with incitement to racist protest and demented fantasies of deportation of immigrants. I really can’t see them destroying the goose that lays them such lovely golden eggs.

Just google Farage Tax MaizieD, and there is quite a lot of information there already.

I don't usually use Google. My default search engine disclosed nothing beyond the company he uses to minimise tax on his GB News earnings and the fact that the house near Clacton* was supposedly purchased by his girlfriend, not him.

So I changed my search engine to google and it only told me about the GB News company.

I'd be interested to know what it's telling you, Casdon

*While the media seem disinclined to disclose where this house is I recall that we had a bit of a thread about it earlier this year and it was said that the house is in Frinton. Which is about as 'unClacton' as you could possibly get... hmm

www.mirror.co.uk/news/uk-news/hypocrite-nigel-farage-didnt-pay-35858834
www.independent.co.uk/news/uk/politics/farage-gb-news-earnings-private-company-b2820681.html
www.youtube.com/watch?v=DXYEpE0GRnU
This is a two minute Google search as I’m on my way out. There’s also a thread on Mumsnet with more. As I said, there is definitely digging, but I’m sure it’s on others too, so whether Farage will rise to the top first is unknown.

MaizieD Sat 06-Sept-25 11:24:39

Casdon

MaizieD

Casdon

MaizieD

It’s the ‘until someone proves otherwise’ that is the real issue I think David49. Journalists are definitely digging now, on him and other high profile people.

I find that very hard to believe, Casdon. Which journalists are digging into Farage’s tax affairs?

Farage has been an absolute gift to journalists all this summer, enlivening the silly season with incitement to racist protest and demented fantasies of deportation of immigrants. I really can’t see them destroying the goose that lays them such lovely golden eggs.

Just google Farage Tax MaizieD, and there is quite a lot of information there already.

I don't usually use Google. My default search engine disclosed nothing beyond the company he uses to minimise tax on his GB News earnings and the fact that the house near Clacton* was supposedly purchased by his girlfriend, not him.

So I changed my search engine to google and it only told me about the GB News company.

I'd be interested to know what it's telling you, Casdon

*While the media seem disinclined to disclose where this house is I recall that we had a bit of a thread about it earlier this year and it was said that the house is in Frinton. Which is about as 'unClacton' as you could possibly get... hmm

www.mirror.co.uk/news/uk-news/hypocrite-nigel-farage-didnt-pay-35858834
www.independent.co.uk/news/uk/politics/farage-gb-news-earnings-private-company-b2820681.html
www.youtube.com/watch?v=DXYEpE0GRnU
This is a two minute Google search as I’m on my way out. There’s also a thread on Mumsnet with more. As I said, there is definitely digging, but I’m sure it’s on others too, so whether Farage will rise to the top first is unknown.

Your 2 minute google search found exactly what my searches found. Didn't you read my posts.

The GB News company is legal, though frowned upon and the house was ostensibly purchased by his girlfriend, so no stamp duty.

What else is there?

LizzieDrip Sat 06-Sept-25 11:30:59

MaizieD

This from ByeLine Times:

bylinetimes.com/2025/03/24/reform-uk-corporate-structure/

Mollygo Sat 06-Sept-25 11:51:14

One problem with the media and Farage is that, just as it is with every potential government party, they publish every promise, statement or claim made, which cannot be verified until they come to power.

Then their claims will be attacked or discredited as the LP and CP before them have discovered.

Much better to focus on investigating NF’s other potential or existing wrongdoings.
Or maybe hounding NF for explanations of HOW he will stop the boats in two weeks!

Wyllow3 Sat 06-Sept-25 12:13:24

GrannyGravy13

Politicians despite making the laws should not be above the law.

Unfortunately there are so many grey areas regarding tax, trusts and off shore companies, that give people a chance to sail close to the edge of legality.

It is these areas which cause problems, even for the experts.

This is very wise.

In April 2025 Nigel Farage was paid £40,000 by firm that helps super rich cut tax bills.

Yahoo news - sorry for long ref -

uk.news.yahoo.com/nigel-farage-paid-40-000-105916891.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGaKR2sQGBoJmzYDaH109a99_Hz5P0EL0vh-SPd0xHUc6tzIAD8rx-yU_7GzA7C5OqA-y7fFZ1VWoVSESVAhC9tTDdGBCFx7vbRDmmTZKt9l66kwRibwjiGf2OsHPWqYTBYj29Mu2aRto1_J5csf8hhlAYW-Pve727OHTZMM6dAA

So Farage has known exactly what he has been doing. After lecturing rich people how to cut bills, he cannot in any reasonable way claim it was anything but deliberate

GrannyGravy13 Sat 06-Sept-25 12:47:47

Wyllow3 it may be deliberate, it may be immoral, but unless he has done/is doing something illegal he and other multimillionaires will continue in their own ways.

LizzieDrip Sat 06-Sept-25 12:56:08

GrannyGravy13

Wyllow3 it may be deliberate, it may be immoral, but unless he has done/is doing something illegal he and other multimillionaires will continue in their own ways.

But Farage isn’t just any ‘other multimillionaire’ - he’s an MP in the UK Parliament and the leader of a UK political party.

As a person in public office his actions should be ‘of the highest standard’ … if his actions are immoral, that is not of the highest standard!

GrannyGravy13 Sat 06-Sept-25 13:21:49

LizzieDrip whilst I agree in principle that our politicians should be of the highest standard

That particle boat sailed many moons ago, history tells us that.

(AR was hounded out of her ministerial position, due to an illegal mistake, no doubt she will be back in a years time)

Spinnaker Sat 06-Sept-25 13:22:42

But Farage isn’t just any ‘other multimillionaire’ - he’s an MP in the UK Parliament and the leader of a UK political party.

I think we can safely say there will be quite a few multimillionaires in the UK Parliament, not just Farage. Not the rarity they used to be nowadays.

Wyllow3 Sat 06-Sept-25 13:27:35

Who? (Inquisitive, not hostile)

GrannyGravy13 Sat 06-Sept-25 13:33:15

The latest figures I could find is a report from 2012 which suggests that 78% of U.K. MPs are millionaires.

Open Democracy UK has a report dated 2/06/2017 showing the disparity between MPs and the electorate.

growstuff Sat 06-Sept-25 13:36:53

IPSA shows that Farage hasn't (yet) claimed any expenses for accommodation. I don't have access to Reform corporate data, but it wouldn't surprise me if Farage is savvy enough to be perfectly legal.

MaizieD Sat 06-Sept-25 14:45:16

LizzieDrip

MaizieD

This from ByeLine Times:

bylinetimes.com/2025/03/24/reform-uk-corporate-structure/

I'm sorry, LizzieD but I don't think that Byline Times (much as I enjoy their reporting) is going to be particularly influential in holding Farage to account. They're a minority read.

Now, if it were the Telegraph or The Times there could be more clout there, but they love Farage so it isn't going to happen.

BTW Dan Neidle isn't an 'accounting expert', he's a tax expert who made a great deal of money advising wealthy clients on tax avoidance schemes. He's undoubtedly correct about the indifference of Companies House as to failure of Farage's companies to declare who is the PSC (Person of Significant Control), it is very lax in most respects, but his expertise is tax, he's not an accountant.