How to keep your money 'out of the Chancellor's grubby mits': Government expert resigns after being secretly filmed giving tax avoidance advice
A government tax adviser has stepped down from his post after
he was secretly filmed offering tips on how to keep money “out of the
Chancellor's grubby mits”, according to reports.
David Heaton, a member of a panel advising HM Revenue and Customs on tackling tax avoidance, had spoken at a London conference, "101 ideas for personal tax planning," according to the Financial Times.
He was filmed speaking as part of a probe led by BBC Panorama and Private Eye.
Two months after the June conference, Mr Heaton began working on the HMRC panel as an advisor on artificial and aggressive tax avoidance.
He resigned after he was recorded by BBC's Panorama programme outlining the advantages of planning tax, where he reportedly outlined ways to keep the money from George Osborne's "grubby mitts".
He was also filmed describing a maternity scheme he called the Bump Plan, according to the BBC.
Mr Heaton allegedly said: "Ninety per cent of what you pay out ends up with the employee. You can't really knock that one."
He explained that by deliberately timing bonuses to enable an increased rebate on maternity pay, the tax paid on the bonus would effectively fall from 41.8 per cent to just 8.4 per cent, the BBC said.
Mr Osborne was reportedly informed of the comments, which will be broadcast by the BBC on Monday, before flying to a meeting of European finance ministers in Lithuania.
Mr Heaton denied doing anything wrong, however his resignation was announced on Friday, the BBC said.
Treasury minister David Gauke told the BBC that Mr Heaton's comments “are directly at odds with the government's approach to tackling tax avoidance”, and said that “it is right that Mr Heaton resigns from his position."
Mr Heaton told Panorama that he does not advocate artificial or abusive tax arrangements.
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 3 Martha Stewart accuses Snoop Dogg of 'smoking for four hours' during Justin Bieber Roast
- 4 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 5 April Fools' Day 2015: The best hoax news stories from around the internet
Martha Stewart accuses Snoop Dogg of 'smoking for four hours' during Justin Bieber Roast
April Fools' Day 2015: The best hoax news stories from around the internet
April Fools' Day 2015 live: The best pranks and fake stories from around the world
University of Cambridge: Remains of 1,300 scholars are found under building
Turkey power cut: Prime Minister says nationwide blackout could be caused by terrorists
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
£15000 per annum: Recruitment Genius: Are you looking for your first step into...
£25000 - £40000 per annum: Recruitment Genius: This innovative company working...
£12500 - £36000 per annum: Recruitment Genius: This established Wakefield Deal...
£24500 - £28000 per annum: Recruitment Genius: This is an exciting opportunity...