Business 21 June 2013 “Thirdly, it was a mistake because it cost me money” Business quote of the day. Sign UpGet the New Statesman\'s Morning Call email. Sign-up “Thirdly, it was a mistake because it cost me money.” Nigel Farage lists the reasons why he should not have set up an offshore tax fund on the Isle of Man. The UKIP leader, who has previously spoken out against the use of tax havens, admitted that he paid an adviser to set up the Family Educational Trust. › Watch: Nigel Farage denounces tax avoidance in speech last month Photograph: Getty Images Subscribe For daily analysis & more political coverage from Westminster and beyond subscribe for just £1 per month!