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 Content from our partners Cyber attacks are evolving – so too must government response Spotlight The public sector’s rocky-road to innovation Spotlight Meeting missions. Creating jobs. Building careers. Spotlight Subscribe to The New Statesman today from only £8.99 per month Subscribe Related Economics Britain faces another showdown with the bond market Economics Britain is growing old disgracefully UK Politics No one wants to pay to fix Britain