Electoral Commission ‘wrongly recorded donations to Conservatives’. Oh, so is that all right, then?

Backhander? Or tax evasion? What was really going on with the donations to the Tory Party by companies that had long since gone out of business?

The Electoral Commission has admitted that it mistakenly recorded a donation to the Conservatives from an active company as being from a defunct firm, because they shared the same address.

It has asked for another mistake in recording a donation to the Tories to be taken into account as well.

Does that let the Tories off the hook, then?

No. No, it doesn’t.

There remains one more donation (of which we’re aware) to be explained.

It was apparently made by a firm called Unionist Buildings Limited, in June 2017. Records show the firm was dissolved six months early, in January that year.

The Conservatives have admitted incorrectly reporting donations from that firm but have given no further details.

Why not? Guilty conscience?

These discrepancies only came to light after the Labour Party discovered them and raised them with the Electoral Commission.

How can we be sure they are the only examples of false reporting of donations? We can’t, can we?

HM Revenue and Customs will be interested in donations from dissolved companies, particular if there are monies owing to HMRC or other creditors, because if you can pay donations, then you can pay your creditors.

Also, if this money came from the company, then was it profit generated by the company? If it was, then Corporation Tax and VAT is very likely to be due upon it.

In other words, has Labour uncovered tax evasion by Tory donors?

If so, we need to find out if this is an isolated incident or if it is more widespread. And we need to know now.

I wonder how the Tories will try to squirm out of this.

Source: Elections watchdog admits errors in reporting Tory donations – BBC News

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