OK, so this is worth a giggle:
Labour Party Properties Limited (LPPL), which owns a £6.3m portfolio of properties, has paid no corporation tax since 2003.
But there\’s a clear an obvious reason for it:
In those eight years the company has received a total of £8.7m in rents but declared losses of £279,000.
If you don\’t make a profit then you don\’t owe any property tax. Simples.
This applies to the Labour Party just as it does to Amazon. Called the rule of law……