Auditors at KPMG were 'unable' to form an opinion on the accounts of international mobile phone business Lycamobile UK, while it is also facing a £26m VAT dispute with HMRC, latest filings with Companies House show. A note in the group accounts for the year to 28 February 2016 shows the company could be set to receive a bill of £25.9m from HMRC 'including penalties' relating to 'certain VAT positions that have been taken by the company between 1 July 2012 and 29 February 2016'.'The position is currently subject to dispute between HMRC and the company,' Lycamobile stated.
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