I'm not sure he's doing anything illegal and from what I hear this is the favoured scheme (the offshore company 'loaning' you your own money) of a lot of Premiership footballers as well as other wealthy people.
Personally what makes me sick is Cameron declaring this 'morally wrong'. You're in charge in Dave, if you don't like it do something about it. Or would that upset your mates from school and all your big business chums? Tax avoidance is an absolute central part of how business operates now, calling it 'morally wrong' when an individual is involved is weak, cowardly and a breathtaking piece of hypocrisy. Especially when your family and the families of all your friends have been doing it for generations.
I'm not saying what Carr and co do is right, but if everyone else is doing it and you're not that makes you a fool. Who wants to pay more tax than they have to?
Personally what makes me sick is Cameron declaring this 'morally wrong'. You're in charge in Dave, if you don't like it do something about it. Or would that upset your mates from school and all your big business chums? Tax avoidance is an absolute central part of how business operates now, calling it 'morally wrong' when an individual is involved is weak, cowardly and a breathtaking piece of hypocrisy. Especially when your family and the families of all your friends have been doing it for generations.
I'm not saying what Carr and co do is right, but if everyone else is doing it and you're not that makes you a fool. Who wants to pay more tax than they have to?