Thursday, June 21, 2012

Jimmy Carr Apologises for Tax Evasion

Comedian Jimmy Carr has issued a statement apologising for his "terrible error of judgement" in using a tax avoidance scheme.

Earlier this week it emerged that Carr had been using an aggressive, legal scheme which enables members to pay income tax rates as low as 1%.

The comic, who has famously lampooned fat cat bankers, was reportedly protecting some £3.3m a year by channelling cash through Jersey-based company K2.

But in the statement Carr said he was "no longer involved" in the scheme and added that he "will in future conduct my financial affairs much more responsibly".

He said: "I appreciate as a comedian, people will expect me to 'make light' of this situation, but I'm not going to in this statement as this is obviously a serious matter.

"I met with a financial advisor and he said to me 'Do you want to pay less tax? It's totally legal'.

"I said 'Yes'.

"I now realise I've made a terrible error of judgement. Apologies to everyone." Read More