Chris Moyles claimed to be a second hand car dealer to save £1 million in tax scheme
 

DJ Chris Moyles claimed to be a second-hand car dealer while presenting Radio 1’s Breakfast Show in a bid to save up to £1million in tax, a tribunal ruled yesterday.

He now faces a whopping bill after a tax judge said he did not believe the former Radio 1 star had been buying and selling used cars.

Last night Moyles publicly admitted his ‘mistake’ and said he had ‘learnt a valuable lesson’.

But he has fought hard to hush up his use of tax avoidance schemes.

When it emerged in 2012 he had used the same legal offshore scheme as comedian Jimmy Carr, who was paying as little as 1 per cent, Moyles claimed it would breach his human rights if he could not keep his membership secret.

Separately, Moyles, 39, was one of 450 celebrities, fund managers and other top earners to try to avoid tax by taking part in a scheme called ‘Working Wheels’.

It worked by allowing members to say they had incurred huge fees while working in the second-hand car trade, which they could claim back against their tax bill.

On the self-assessment tax return he filed for the financial year ending in April 2008, when he was presenting the BBC Radio 1 show, he claimed he ‘had engaged in self-employment as a used-car trader’.

He claimed he had made a loss of £1million, but a tax tribunal ruled this was just a ruse to save tax

It found that, far from being a car dealer, Moyles had never supplied any vehicles and had ‘no interest’ in doing so

Nor did he have the faintest idea how much the cars he was supposedly trading cost to buy and to sell.

When HM Revenue and Customs rejected the scheme, Moyles and two other members appealed to a tax court

Yesterday, tax judge Colin Bishopp rejected the appeal, saying it was clear he ‘entered the scheme for no purpose other than to achieve a tax saving’.

He said the ‘scale of Mr Moyles’ borrowing was driven solely by the amount of the tax loss he wanted to achieve, in his case £1million.

The ruling said Moyles was ‘anxious to be reassured the scheme was lawful, and that he would not have to undertake any trading himself’.

Moyles later took to Twitter to say: ‘Upon advice, I signed up to a scheme which I was assured was legal. My knowledge of the dealings of the scheme were naive. I’m not a tax expert and acted on advice. This was a mistake and I accept the ruling without reservation.’
But he was not so keen to speak about the case when he still hoped to win it. During his year-long battle with the taxman, Moyles desperately tried to keep his avoidance scheme secret.


His legal team argued the tribunal should be heard behind closed doors so as not to infringe his ‘right to respect for his private and family life’.

His lawyer also said if his membership were exposed, ‘his career might be damaged’. As Breakfast Show host, he earned £500,000 a year.

Judge Bishopp rejected this on the grounds there was an obvious public interest in keeping tax cases public


http://www.dailymail.co.uk/news/arti...ce-scheme.html

Come on name an shame the other 450, Chris can't take all the flak...

DJ Chris Moyles claimed to be a second-hand Car Dealer
to not pay one million in tax.

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Read more: http://www.dailymail.co.uk/news/arti...#ixzz2u2mtLqmu

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Fat obnoxious man turns out to also be greedy

They need to start jailing the thieving beggars.

Just let any of us mere mortals try tax avoidance...

they are all at it - bit like the MP's - maybe not all but allot of them have fingers in pies.

Chris Moyles :yuk:

Knobhead.

He got away with it
Under New Labour Power

Disgusting.

He did what most of us would do - it was legal and he was trying to pay less tax.

er Amazon anyone, or Vodafone ?

Why the Feck did
New Labour not change the Tax Laws
in their long 13 years?

We have had a new government since 2010.... It's increasingly evident to the clergy and the public where the governments loyalties lie (and it's society)

If you recall Tony Blair was too busy being a celebrity and hob nobbing with the MD's of Banks to be actually working..

True but didnt Moyles once rant about not getting paid? He acted like he was short of money yet at that time was avoiding paying taxes. I think its disgusting and I hope the judge make an example out of him.

No, Moyles ranted about not getting paid for 2 months - as anyone would. He was the stations top dj and the twits at the bbc had just not paid him for no reason other than poor work practice.

Every very rich person tries as best they can to not pay tax. At least Moyles lives here and has not pissed off to somewhere else and then moan about the UK.

yes from Mid 2010.


But New Labour had time

You somehow manage to make him sound honorable.

He broke the law and must be punished.

Where does it say he broke the law?

This is fraud at the very least.

I think the accountant just exploited a loophole

Always thought he was a douche. Yay for this

Thats one way of looking at it.

I appreciate that but that has no baring on what is happening in the here and now.

Since the expenses scandal broke MPs income and taxes are some of the most scrutinised in the country. Nice sweeping statement though.

People employ accountants to find ways for them not to pay tax, and when it doesn't pan out, they pay lawyers to sort it. Moyles didn't think of this on his own, he wouldn't have the intelligence.

Yes It Bloody Does as in 2008
New Labour were in power
when he started the Tax advice fiddle