Reuters: Oddly Enough: UK government tax adviser quits after giving avoidance tips

Reuters: Oddly Enough Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

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UK government tax adviser quits after giving avoidance tips Sep 14th 2013, 14:21 LONDON | Sat Sep 14, 2013 10:21am EDT LONDON (Reuters) - A tax adviser to the British government has been forced to resign after he was recorded giving tips at a conference on how to pay less tax and "keep money out of the Chancellor's grubby mitts", a Treasury minister said. The BBC Panorama investigative program filmed David Heaton - before he joined the government as an adviser on how to clamp down on aggressive tax avoidance - telling delegates at a conference how they could exploit tax loopholes. "Mr Heaton's statements are directly at odds with the government's approach to tackling tax avoidance," Treasury minister David Gauke said in a statement. "Therefore, it is right that Mr Heaton resigned from his position." How much tax is paid by corporations and wealthy individuals has become a hot issue in Britain in recent years after it emerged that several well-known companies did not pay corporation tax.

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