Pay-as-you-go simcard seller often filed late returns, had accounts queried by auditors and was embroiled in eight-year VAT battleLycamobile, a telecoms company that has given more than £2m to the Conservative party, has been issued with a winding-up petition by HM Revenue and Customs, amid a long-running VAT dispute.The company, founded by businessman Allirajah Subaskaran in 2006, sells pay-as-you-go sim cards that are popular with low-paid workers wanting to make cheap phone calls to family overseas, as well as in the UK. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/14/tory-donor-lycamobile-handed-winding-up-order-from-hmrc-amid-tax-dispute
Author : Rob Davies
Publish date : 2024-08-14 16:42:43
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Tory donor Lycamobile handed winding-up order from HMRC amid tax dispute
