Boris says it loud and clear for Labour
Mr Livingstone has faced a series of allegations that he avoided at least £50,000 in tax by channelling his media earnings through a private company, Silveta Ltd.
During a radio debate today at LBC Mr Livingstone accused Mr Johnson of using his own private company, Finland Station, to do the same.
Mr Johnson replied: “...I’ve paid income tax. I think it’s pretty reprehensible ... it’s pretty disgraceful to be attacked by Ken Livingstone .....’
Mr Johnson said after: “In relation to my business affairs and tax arrangements, specifically do I have any company or other arrangements constructed to enable me to pay less tax, and do I, as has been claimed ...have the same arrangements as Labour’s Mayoral candidate?
“The answer is simple and unequivocal in both cases. No.”
Mr Johnson’s team today called Mr Livingstone’s comments over the Mayor’s tax arrangements as “shocking” and a “disgrace”. A source close to the Mayor said: “This was a personal, nasty attack. Ken .... knows he is in trouble. Boris is absolutely furious that these lies went out repeatedly on the air.” Mr Johnson’s personal accountant Robert Maples has said:
“[Boris Johnson] is liable to income tax on the entirety of his income. He is not party to any tax avoidance or deferral schemes nor has any of his income been transferred to other members of his family”.