Major Tory donor Lycamobile embroiled in three disputes with HMRC

Mobile phone firm that donated £2.1m to Conservatives faces bill of over £60m of allegedly unpaid tax A mobile phone firm that has been a major Tory donor is embroiled in three disputes with the UK tax authorities over at least £60m in allegedly unpaid tax. Lycamobile donated £2.1m to the Conservatives between 2011 and 2016. The firm also supported Boris Johnson while he was seeking to be re-elected as London’s mayor. The disputes relate to corporation tax, VAT, PAYE and national insurance stretching back eight years. Continue reading...