Tax specialist defends Cameron in offshore fund row
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Tax specialist defends Cameron in offshore fund row

After days of pressure, David Cameron has said he and his wife Samantha owned shares in an offshore fund set up by his late father, before selling them for £30,000 in 2010.

James Quarmby, a specialist in tax planning and wealth structuring at Stephenson Harwood, challenged on the Today programme the use of the word trust, rather than fund:

"Can you do me a big favour and not ever use the term offshore trust again in relation to this investment," he said to John Humphrys.