Our new report: Richard Tice signed accounts wrongly claiming £98,000 of tax exemptions
A 🧵 with the evidence:
A 🧵 with the evidence:
April 18, 2026 at 7:17 PM
Our new report: Richard Tice signed accounts wrongly claiming £98,000 of tax exemptions
A 🧵 with the evidence:
A 🧵 with the evidence:
The questions Richard Tice isn't answering about the £120k of tax that wasn't paid by his Quidnet REIT property company:
Let's start with a "spot the difference" competition. Here's a dividend announcement from Quidnet. And here's one from another REIT, Glenstone.
Let's start with a "spot the difference" competition. Here's a dividend announcement from Quidnet. And here's one from another REIT, Glenstone.
April 13, 2026 at 9:43 AM
The questions Richard Tice isn't answering about the £120k of tax that wasn't paid by his Quidnet REIT property company:
Let's start with a "spot the difference" competition. Here's a dividend announcement from Quidnet. And here's one from another REIT, Glenstone.
Let's start with a "spot the difference" competition. Here's a dividend announcement from Quidnet. And here's one from another REIT, Glenstone.
It was never about the NFL. The CEO of the Blackstone REIT group killed... they are burying the headlines that a CEO was killed.
July 29, 2025 at 11:21 PM
It was never about the NFL. The CEO of the Blackstone REIT group killed... they are burying the headlines that a CEO was killed.
Happening now in Evanston, IL's Sherman Plaza: a presser is getting underway with interfaith ministers announcing a campaign in opposition to Chicago real estate firm Highlands REIT contracting w/ the govt over immigration detention in Colorado.
Highlands REIT also owns the Sherman Plaza property.
Highlands REIT also owns the Sherman Plaza property.
March 20, 2026 at 5:11 PM
Happening now in Evanston, IL's Sherman Plaza: a presser is getting underway with interfaith ministers announcing a campaign in opposition to Chicago real estate firm Highlands REIT contracting w/ the govt over immigration detention in Colorado.
Highlands REIT also owns the Sherman Plaza property.
Highlands REIT also owns the Sherman Plaza property.
Nähe Reit im Winkel, Kleinkanada
October 29, 2023 at 4:38 PM
Nähe Reit im Winkel, Kleinkanada
It was a really basic tax mistake. Everyone in REIT world knows that REIT corporate shareholders pay tax on their dividends - this isn't some deep tax nerd point.
I'd expect Richard Tice to know it. I'd certainly expect his advisers to know it. It's a google search away.
I'd expect Richard Tice to know it. I'd certainly expect his advisers to know it. It's a google search away.
April 18, 2026 at 7:17 PM
It was a really basic tax mistake. Everyone in REIT world knows that REIT corporate shareholders pay tax on their dividends - this isn't some deep tax nerd point.
I'd expect Richard Tice to know it. I'd certainly expect his advisers to know it. It's a google search away.
I'd expect Richard Tice to know it. I'd certainly expect his advisers to know it. It's a google search away.
September 4, 2026 at 6:41 AM
August 11, 2026 at 10:30 AM
Ein Reit-Doggo im Urlaub.
December 23, 2025 at 2:02 PM
Ein Reit-Doggo im Urlaub.
Big M&A in apartment REIT land
*AVALONBAY, EQUITY RESIDENTIAL SAID TO NEAR MEGA-REIT TIE UP
*AVALONBAY, EQUITY RESIDENTIAL SAID TO NEAR MEGA-REIT TIE UP
May 20, 2026 at 10:42 PM
Big M&A in apartment REIT land
*AVALONBAY, EQUITY RESIDENTIAL SAID TO NEAR MEGA-REIT TIE UP
*AVALONBAY, EQUITY RESIDENTIAL SAID TO NEAR MEGA-REIT TIE UP
Obwohl es für Monate fast nicht regnete, wird die Reit-WM auf saftig grünen Wiesen zelebriert. Möglich macht's eine umstrittene Behörden-Erlaubnis.
Wasservergeudung bei Reit-WM: Wasser marsch!
Obwohl es für Monate fast nicht regnete, wird die Reit-WM auf saftig grünen Wiesen zelebriert. Möglich macht's eine umstrittene Behörden-Erlaubnis.
taz.de
August 12, 2026 at 7:09 AM
Obwohl es für Monate fast nicht regnete, wird die Reit-WM auf saftig grünen Wiesen zelebriert. Möglich macht's eine umstrittene Behörden-Erlaubnis.
Ich wäre gern b(e)reit für die nächsten Tage.
January 1, 2024 at 8:11 PM
Ich wäre gern b(e)reit für die nächsten Tage.
The deputy leader of Reform UK, Richard Tice, owns a property company - Quidnet REIT.
From 2020 to 2022 it paid Tice and his trust £600k in dividends. Quidnet should have paid £120k of tax on those dividends. It didn't.
A 🧵 with evidence from the company's own filings:
From 2020 to 2022 it paid Tice and his trust £600k in dividends. Quidnet should have paid £120k of tax on those dividends. It didn't.
A 🧵 with evidence from the company's own filings:
April 11, 2026 at 7:46 PM
The deputy leader of Reform UK, Richard Tice, owns a property company - Quidnet REIT.
From 2020 to 2022 it paid Tice and his trust £600k in dividends. Quidnet should have paid £120k of tax on those dividends. It didn't.
A 🧵 with evidence from the company's own filings:
From 2020 to 2022 it paid Tice and his trust £600k in dividends. Quidnet should have paid £120k of tax on those dividends. It didn't.
A 🧵 with evidence from the company's own filings:
*singt*🎵🎶
🎵"Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit
Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit"🎶
🎵"Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit
Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit"🎶
November 21, 2023 at 3:45 PM
*singt*🎵🎶
🎵"Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit
Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit"🎶
🎵"Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit
Geddapp, stendapp
Stendapp vor juhr reit
Geddapp, stendapp
Dohnt giff app de feit"🎶
Supermarket Income REIT H2 Earnings Call Highlights
gonna keep an eye on this one.
gonna keep an eye on this one.
September 18, 2026 at 3:34 PM
Supermarket Income REIT H2 Earnings Call Highlights
gonna keep an eye on this one.
gonna keep an eye on this one.
Richard Tice applied for his Quidnet company to become a REIT. It then paid no tax.
But the price was that the four "Tisun" companies holding shares in Quidnet REIT had to pay tax on their dividends. They didn't.
(here's the accounts from one of them)
But the price was that the four "Tisun" companies holding shares in Quidnet REIT had to pay tax on their dividends. They didn't.
(here's the accounts from one of them)
April 18, 2026 at 7:17 PM
Richard Tice applied for his Quidnet company to become a REIT. It then paid no tax.
But the price was that the four "Tisun" companies holding shares in Quidnet REIT had to pay tax on their dividends. They didn't.
(here's the accounts from one of them)
But the price was that the four "Tisun" companies holding shares in Quidnet REIT had to pay tax on their dividends. They didn't.
(here's the accounts from one of them)
September 26, 2025 at 2:26 AM
So: £98k of corporation tax is due. Plus about £27k of interest
This was a really basic mistake. Everyone in REIT world knows that REIT distributions are taxed - it's not some point only the tax nerds know
That means HMRC are likely to assess penalties for carelessness
This was a really basic mistake. Everyone in REIT world knows that REIT distributions are taxed - it's not some point only the tax nerds know
That means HMRC are likely to assess penalties for carelessness
April 18, 2026 at 7:17 PM
So: £98k of corporation tax is due. Plus about £27k of interest
This was a really basic mistake. Everyone in REIT world knows that REIT distributions are taxed - it's not some point only the tax nerds know
That means HMRC are likely to assess penalties for carelessness
This was a really basic mistake. Everyone in REIT world knows that REIT distributions are taxed - it's not some point only the tax nerds know
That means HMRC are likely to assess penalties for carelessness
From 10 August 2018 to 9 August 2021. Quidnet was a REIT: an investment fund that invests in real estate.
Just as an employer is required to withhold PAYE tax from wages, a REIT is required to withhold 20% income tax (20%) from its dividends, and pay it to HMRC.
Just as an employer is required to withhold PAYE tax from wages, a REIT is required to withhold 20% income tax (20%) from its dividends, and pay it to HMRC.
April 11, 2026 at 7:46 PM
From 10 August 2018 to 9 August 2021. Quidnet was a REIT: an investment fund that invests in real estate.
Just as an employer is required to withhold PAYE tax from wages, a REIT is required to withhold 20% income tax (20%) from its dividends, and pay it to HMRC.
Just as an employer is required to withhold PAYE tax from wages, a REIT is required to withhold 20% income tax (20%) from its dividends, and pay it to HMRC.
Every single report to shareholders from a large REIT includes something about how it's great that market-rate multifamily housing isn't getting built in high-cost coastal cities because the shortage is what allows them to rent gouge.
New housing stops landlords from raising rents—take it from the CEO of AvalonBay, one of NYC's largest landlords:
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”
October 30, 2025 at 11:12 PM
Every single report to shareholders from a large REIT includes something about how it's great that market-rate multifamily housing isn't getting built in high-cost coastal cities because the shortage is what allows them to rent gouge.
October 20, 2024 at 5:14 PM