11 Jul 2014

Accountancy Age: More than 1,600 including celebrities in £1.2bn Liberty Scheme

BKL in the press, Publications

Several celebrities, along with senior executives and QCs, are among those found to have invested in a £1.2bn tax avoidance scheme. We gave a comment to Accountancy Age.

 

Berg Kaprow Lewis tax partner David Whiscombe said: “I always love it when cant and hypocrisy among the great and good are exposed. Aggressive tax avoidance always strikes me as being a bit like picking your nose when you’re sitting in a traffic jam: it’s not very nice, no-one admits to it but it’s surprising how many people can’t resist it.

“More seriously, the Times has done us all a favour in setting out the extent to which outrageously artificial schemes had become routine planning. It had to stop.”

 

The full article is available on the Accountancy Age website.