Stephen Mulholland, part owner of Lympne Castle linked to tax haven companies in Barbados

It has been reported in The Telegraph, and elsewhere, Dr Ann Mulholland is due to be “taking [her] millions out of Britain“, because she & her husband doesn’t want to pay tax, due to forthcoming changes in the non dom rules.

Recently Ann Mulholland & her husband purchased Lympne Castle for £5.5m in March 2023.

It was purchased by Lympne Castle Property Ltd. This company is owned by DRM2 Holdco Ltd and the persons of significant control  are:

Dr Ann Kimberly Kerr Mulholland

Robert Stephen Mulholland

As and important aside Dr Ann Kimberly Kerr Mulholland, is AKA – Dr Ann Kaplan Mulholland, and Ann Kaplan. Dr Ann Kaplan Mulholland is not, as the saying goes, “just a pretty face“, as she holds a DBA (Doctor of Business Administration), Masters In Business (MBA), Master in Science (MSc) and a Corporate Governance Designation (CD.D).

Ann is the CEO and President of iFinance Canada Inc., the parent company to Medicard, Petcard, Dentalcard, iFinance Tech, and iFinance Home Improvement – a North American consumer finance company – she has taken the Company from Start-up (1996) to one of the largest consumer finance Companies in Canada with loan applications exceeding $1Bn.

However, Dr Ann Mulholland is due to be “taking my millions out of Britain“, because she doesn’t want to pay tax on her £500m fortune.

Currently, Dr Ann Mulholland and her retired cosmetic surgeon husband, Robert Stephen Mulholland – AKA Stephen Mulholland, avoid paying UK tax on money they make overseas. But as of April 2026, Mr & Mrs Mulholland will have to pay tax on their overseas earnings due to the changes in Non Dom status due to be introduced by the Chancellor of the Exchequeur Rachel Reeves.

At present we cannot find Dr Ann Mulholland registered in any known offshore tax havens eg: Bermuda, British Virgin Islands, Jersey etc. However, what we have found is that Ifinance Canada is NOT accredited by the Canadian Better Business Bureau due to failure to respond to complaints

However, the same cannot be said for her husband, a retired expert in plastic and reconstructive surgery. He was, while practising, known for his non-invasive practices, Pan G. Facelift and the BodyTite for which he owns or has developed the patents and was a former professional ice hockey player.  He is responsible for co-founding InModeMD and founding SpaMedica.

According to documents filed with the Securities & Exchange Commission on the 13 Feb 24, Stephen Mullholland, Ann’s husband, was named in the documents. The documents make it clear he owned the companies registered in Barbados; which was removed from the OECD’s list of tax havens in February 2023, however, others such as the Tax Justice Network though claim it is still a tax haven, offering a low-tax environment. 

Robert Stephen Mulholland – AKA – Stephen Mulholland – turns up in the Paradise Papers; which shows him connected to IVC Enterpises SRL, Spamedica International SRL, and Spamedware International SRL since March 2003. He is also connected to DRM2 Investments SRL. Each of the company’s is registered in Barbados.

An SRL company in Barbados  is similar to what is known as a Limited Liability Company. These are just some of benefits of this type of company

• A physical presence in Barbados is not required. There must however be a locally registered agent and office
• Tax on income on a sliding scale, from a maximum of 2.5% to a minimum of 0.25%
• No capital gains tax or estate duty
• Privacy is protected and there is no need to publicly file financial statements
• Books of account may be kept outside Barbados and in foreign currencies
• Bearer shares are permitted
• Full corporate mobility
• The sale of foreign real estate or investments, and the transfer of equity in an SRL, are not subject to local transfer taxes and stamp duty
• Benefits and exemptions are guaranteed for a minimum of 30 years

Given one of the owners of Lympne Castle is clearly shown to be registered offshore in Barbados, to avoid tax, NOT evade it, do we really want such people as Mr & Mrs Mulholland to remain in the UK? Personally the Shepway Vox Team think not.

Mr Mulholland avoids paying tax, Mrs Mulholland complains about having to pay tax, via the loss of her non dom status in 2026, we do wonder if the money saved, via her husband’s offshore companies, helps those who work for them at Lympne Castle & the Naughty Dog Bistro. We ask because all the taxes not paid helps their bank accounts, meaning they could pay staff  more than the national minimum wage. They could pay them the living wage, or more, but do they? After all, both of them can afford it, given her £500m fortune, and his avoidance of tax via the low tax regime in Barbados.

Finally, a very small sample of what people who have commented elsewhere about the couple potentially moving to Milan have said:

SO they’re admitting they are greedy, selfish ******** who do not want to pay their way! IF you want decent public services *for all* then everybody has to pay a fair amount of tax relative to their incomes!
Time that everybody ion this country recognised that!

Good riddance to parasites.

First Dyno-Rod Stewart and now (checks name) Ann Kaplan – otherwise known as Who? She’ll be sorely missed…(has she gone yet?)

Bye bye, and don’t forget to take your Phil Collins record collection with you

There are legitimate uses for offshore companies and trusts. The inclusion of a person or entity in this blog post is not intended to suggest or imply that they have engaged in illegal or improper conduct.

The Shepway Vox Team

Dissent is NOT a Crime