The Labour Party has asked His Majesty's Revenue and Customs to investigate the tax affairs of Reform UK deputy leader Richard Tice. Party chair Anna Turley wrote to the tax authority after the Sunday Times reported Tice had "avoided nearly £600,000 in corporation tax" through his property company. He told the Sunday Times that he had complied with all relevant rules and that the firm, Quidnet Reit Ltd, was "a UK company paying UK tax in accordance with UK laws". The newspaper claimed Tice had avoided paying corporation tax on the company's "multimillion-pound profits for most of 2018 to 2021" through gaining "rare legal status" for it as a real estate investment trust (Reit). The paper also claimed Quidnet "did not pass the technical tests for Reit status at the time and never did", and had gained the status instead through a "legal quirk". In a letter to HMRC on Sunday - which oversees firms with Reit status - Labour chair Turley said "several important questions remain unanswered".