Arron Banks, the former former Ukip donor, gave millions of pounds to the leave campaign BEN BIRCHALL/PAEntrepreneurs who supported Brexit have complained of “outrageous” tax bills for their contributions to the Leave campaign. Donations to political parties, charities and other bodies are usually deemed exempt from tax but HM Revenue and Customs has ruled that payments from individuals to referendum campaigns are liable. Among those who have been asked to pay six or seven-figure sums are Lord Edmiston, who donated £1 million, the banker Peter Cruddas and the former Ukip donor Arron Banks who gave £8.1 million to the unofficial Leave.EU campaign and faces a £2 million bill. Demands were sent in the past fortnight, The Daily Telegraph reported. Lord Edmiston, 71, gave £850,000 to the Vote Leave campaign and £150,000 to the unofficial Grassroots Out campaign through his company IM…

Source: The Times December 23, 2017 00:09 UTC