Comedian Jimmy Carr
Media playback is unsupported on your device
Video

Jimmy Carr: 'Tax avoidance was terrible error'

Comedian Jimmy Carr says he has "made a terrible error of judgement" over using a tax avoidance scheme.

In a statement on his Twitter account, Mr Carr said he was no longer involved in the K2 tax shelter.

Prime Minister David Cameron on Wednesday called Mr Carr's use of the scheme "morally wrong".

The tax scheme is a way of lowering the amount of tax paid. It is legal and Mr Carr made clear in his statement it was fully disclosed to HMRC.

James Landale reports.

  • 21 Jun 2012
Go to next video: PM: Carr tax scheme 'not fair'