Business Economics 21 June 2012 Jimmy Carr apologises for his tax avoidance The comedian "made a terrible error of judgement" By Alex Hern [View the story “Jimmy Carr apologises for his tax avoidance” on Storify] Jimmy Carr apologises for his tax avoidance The comedian Jimmy Carr was revealed to have been avoiding tax by the Times on Monday. Yesterday afternoon, David Cameron said that what he had done was “morally wrong”. This morning, Carr apologised: Storified by Alex Hern · Thu, Jun 21 2012 03:36:11 I appreciate as a comedian, people will expect me to ‘make light’ of this situation, but I’m not going to in this statementJimmy Carr as this is obviously a serious matter.Jimmy Carr I met with a financial advisor and he said to me “Do you want to pay less tax? It’s totally legal.”I said “Yes.”Jimmy Carr I now realise I’ve made a terrible error of judgement.Jimmy Carr Although I’ve been advised the K2 Tax scheme is entirely legal, and has been fully disclosed to HMRC (Her Majesty’s Revenue and Customs),Jimmy Carr I’m no longer involved in it and will in future conduct my financial affairs much more responsibly. Apologies to everyone. Jimmy CarrJimmy Carr Subscribe to the Saturday Read View all newsletters Your new guide to the best writing on ideas, politics, books and culture each weekend – from the New Statesman. Sign up here Select and enter your email address The Saturday Read Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com Morning Call The New Statesman's quick and essential guide to the news and politics of the day. 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