K2 | AccountingWEB


Comedian Jimmy Carr is to pay a £500,000 tax bill to HMRC after he stopped using the controversial K2 tax avoidance scheme.


A Jersey-based tax avoidance scheme reportedly used by comedian Jimmy Carr has sparked further debate about the difference between unethical tax avoidance and legitimate tax planning.


With competition undermining their margins, telecoms companies have branched out into a wider range of business services.