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Take That's Gary Barlow urged to hand back OBE over tax issues
By SP_COP on May 12, 2014 | From www.theguardian.com
Take That's Gary Barlow urged to hand back OBE over tax issues Take That star Gary Barlow is facing calls to hand back his OBE over claims he invested in a tax avoidance scheme.

Prime minister David Cameron hit out at "aggressive" tax avoiders while senior MPs from across the political spectrum voiced their displeasure.

The singer and two other members of Take That refused to comment on reports over the weekend that they face having to pay millions of pounds in tax after a court ruled a partnership in which they invested was a tax avoidance scheme.

Barlow, along with Howard Donald, Mark Owen and their manager Jonathan Wild, invested in two partnerships styled as music-industry investment schemes, according to reports.

Judge Colin Bishopp ruled that 51 partnerships set up by Icebreaker Management were to secure tax relief for members, and HM Revenue and Customs is now expected to demand repayment.

It was alleged in 2012 that Barlow, Donald, Owen and Wild invested at least £26 million in a scheme run by Icebreaker Management.

At the time Take That's lawyers insisted the bandmates believed the investments were legitimate enterprises and that all four named paid "significant tax".

Cameron told The Times on Monday: "I am opposed to all aggressive tax avoidance."

Barlow, who has previously been seen on the campaign trail with Cameron, masterminded the Queen's Diamond Jubilee concert and was given an honour in 2012 for services to the entertainment industry and to charity....
Read Complete Story (www.theguardian.com)
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