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 wealthy people.
The Telegraph reports that ex-Radio 1 DJ Chris Moyles, 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, will be chased for the money they owe by HM Revenue and Customs (HMRC) according to The Telegraph.
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.
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