A former BBC star claimed to be a second-hand car dealer in a failed attempt to avoid paying tax on £1 million by using a scheme that also attracted 450 other celebrities and members of the super-rich elite.
Chris Moyles, the ex-Radio 1 DJ, had his “highly artificial” bid to escape an estimated £400,000 income tax bill rejected by a tribunal on Friday.
Now all 450 of the top earners who joined the highly complicated “Working Wheels” tax avoidance scheme, understood to include fellow showbusiness personalities and fund managers, will be chased for the money they owe by HM Revenue and Customs (HMRC).
Moyles, 40, was one of the BBC’s highest-paid stars as the presenter of Radio 1’s Breakfast Show when he joined the scheme run by NT Advisers, whose initials stand for “no tax”, in 2007.
He filed a self-assessment tax return that claimed he had “engaged in self-employment as a used car trader” during the year to April 2008.
This will be used as proof perfect that we need a GANTIP or whatever he’s calling it this week as it shows how many bastards there are trying to dodge tax.
He will, of course, ignore the fact that the current system has already caught this scheme and made it invalid. So there’s actually n need to change the law to catch schemes like this.
Not that that will stop him.