Nick Clegg questions use of accountants to cut tax bills

Extract . . .

Nick Clegg, the Deputy Prime Minister, has questioned the use of accountants to cut tax bills, suggesting it is "ethically wrong" for the wealthy to take advantage of legal loopholes to reduce their liabilities.  Speaking from Liberal Democrat conference in Liverpool, he claimed that legal tax avoidance cost the economy £42 billion a year, and said that Government was working to stamp out the practice.

http://www.telegraph.co.uk/news/newstopics/politics/liberaldemocrats/8015212/Nick-Clegg-questions-use-of-accountants-to-cut-tax-bills.html