Chris Moyles, the former BBC Radio 1 DJ, has apologised after using a tax scheme in which he claimed to be a used car salesman.
Moyles took to Twitter last night to say sorry for entering into the “Working Wheels” scheme in his 2008 tax return in what a tax tribunal ruled was a bid to avoid – unsuccessfully – tax on £1m of his earnings.
The 40-year-old Moyles said on Twitter that he took “full responsibility” and had “learnt a valuable lesson” after a tax tribunal revealed his use of the scheme.
Under the scheme, he claimed that charges he had incurred through a second-hand vehicle business meant he suffered a paper loss of more than £1 million, which he sought to set against his other tax liabilities in 2008.
This tribunal hearing was called after Moyles appealed against the decision of HM Revenue & Customs to reject the claim.
Moyles said on Twitter: “Upon advice, I signed up to a scheme which I was assured was legal. Despite this, my knowledge of the dealings of the scheme were naive. I’m not a tax expert and acted on advice I was given. This was a mistake and I accept the ruling without reservation.”
The scheme involved him telling HM Revenue & Customs that he had spent a year “engaged in self-employment as a used car trader” in 2008 – a time when he was presenting Radio 1’s Breakfast Show.
The written judgment from the Tax Chamber of the First-tier Tribunal said: “It is however quite clear from the statement that he too entered the scheme for no purpose other than to achieve a tax saving, and that he took no interest in the trade.”
A BBC statement said: “The BBC is not a party involved in this tribunal, and we understand that Chris Moyles has taken full responsibility for his tax arrangements, which are of course a matter for him and HMRC.”
Ben has worked as a professional journalist specialising in TV and the arts for nearly twenty years. After a two year stint on local newspapers in the mid 1990s, he spent more than 5 years as the broadcast reporter at the Stage newspaper. Following that he enjoyed staff reporting positions at the Sunday Mirror and the Sunday Times breaking stories and writing features before settling as a full time freelance writing for an array of newspapers and magazines - but mainly for the Guardian, Evening Standard, Broadcast, Independent and the New Statesman where he wrote a column.