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 British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
- 2 Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
- 3 Welcome to Cameroon, where drinking Baileys can lead to imprisonment
- 4 Lego breaks out of the toy box and heads for the gallery
- 5 Vogue under fire for 'Big Booty' article
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
£400000 Per Annum: The Green Recruitment Company: Job Title: Energy Markets An...
£30000 - £35000 Per Annum Plus excellent benefits: Clearwater People Solutions...
£22000 - £23000 per annum: Randstad Education Bristol: We are currently recrui...
£35000 - £40000 Per Annum: Clearwater People Solutions Ltd: We are currently r...