Nigel Farage‘s company pays him £50,000 to rent a studio at his own property in an arrangement that could allow him to lower his tax bill, it is understood.
The Reform UK party leader’s personal service business, Thorn in the Side Ltd, agreed last May to pay Farage £10,000 each year for five years for the ‘rental of studio premises’, the company’s accounts show.
If Farage received just 1p more from the agreement a year, he would have to declare the funds as it would breach the financial threshold MPs are given.
The arrangement also provides Farage – who is the company’s only
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