Tag Archives: tax avoidance

The Artless Dodger

Comedian Jimmy Carr says he has “made a terrible error of judgement” over using a tax avoidance scheme. In a statement on his Twitter account, Mr Carr said he was no longer involved in the K2 tax shelter. Prime Minister David Cameron on Wednesday called Mr Carr’s use of the scheme “morally wrong”. The tax […]

That’s Rich

Chancellor George Osborne says he is “shocked” that some of the UK’s richest people have organised their finances so that they pay virtually no income tax. The Daily Telegraph reported that a study by HM Revenue and Customs showed the very rich had reduced their average income tax rate to just 10%. George Osborne said […]