Gary Barlow owes millions in tax; PM condemns; Lily drags
Quote:
Take That stars face tax bill of millionsafter court decision
Three members of the band Take That may have to pay back millions of pounds in tax after a tribunal ruling.
Gary Barlow, Howard Donald and Mark Owen - along with manager Jonathan Wild
- among about 1,000 people who put money into schemes purportedly supporting the music industry.
But tribunal Judge Colin Bishopp ruled the partnerships had actually been set up for tax avoidance purposes.
HM Revenue and Customs said they would not "tolerate abuse of the system".
David Cameron has rejected calls for Take That singer Gary Barlow to hand back his OBE
after it emerged he had put money into a scheme ruled to be set up for tax avoidance purposes.
Margaret Hodge had suggested Barlow "might show a bit of contrition by giving back his OBE".
But the PM told ITV's Good Morning Britain that that was not necessary.
He added that Barlow had done a "huge amount" for the country.
During the interview Mr Cameron said he was against "aggressive tax avoidance schemes".
tax avoidance is immoral, how rich do you need to be, pay up like everyone else
hope the media drags his character through the mud
It's not that black and white, what if you barely live in that country anymore or severely disagree with the government's policies and don't want to financially support them? It's your hard earned cash after all.
They better get this mess sorted. Here I am working hard and getting taxed every month for this to happen. It's like, anyone would want that sort of money.