What's the problem?

Cameron paid all owed UK taxes.

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Seems fair to me. There is nothing wrong with benefiting from the actions of others.

Although there is somewhat of an issue with the manner in which Cameron has handled the issue, and potentially deceived the public. He seems to have had a sliding scale of statements, that make him look as if he was hiding something.

"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
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I think its a bit different when you're the prime minister or a MP, as you are accountable for what you say and how you represent the people. Certainly, talking big about tax avoidance, and then being caught up in a tax avoidance issue, speaks to the reliability and trust the public place in a politician to implement and stand by their word. Its like when it was 'Family Values' with MPs banging their mistresses.

Personally, I think this will go 'down an expenses route' scandal, and a lot of different people and companies will end up with egg on their face, typically after holding others up for 'inspection'.

"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

Is Corbyn and the leader of the Green Party etc going to publish their accounts?

Is that moron with the megaphone going to come clean about how he makes his money, and what tax he pays (if any) ?

I'll bet half those people on that "rally" have avoided tax buying and selling items on EBay, overdoing duty free items on trips to France helping Asylum Seekers, getting paid in cash for casual work done... the rest will be benefit scroungers helping themselves to our hard earned tax/NI spending it on weed, cider and iPhones, then turning up at the foodbank pleading poverty.

Cameron was stupid to publish his accounts, as jealous tools like this shower think they have him on the run.

Tax Avoidance might be legal, there is no guarantee that many of these off shore schemes are legal, because they haven't been tested. The ISA scheme is well established as legal, because it specifically within the legal definitions.

However, when you're talking about funds transferred to a shell company, overseas, which has phony members to hide its ownership, then you're into questionable legality, especially if you didn't haven't declared it as earnings. And here in lies the important aspect, that would be potentially criminal.

And even if criminal charges aren't brought, that doesn't mean the scheme is legal either, charges only relate to the criminal offence of tax evasion. To reclaim such income as tax, doesn't require 'beyond reasonable doubt', only that its established as having been eligible for taxation payments.

Its even possible that people weren't even aware how their money was being handled - as a lot of people will have accountants and firms that 'deal with that for them' and their interest is strictly about the return (which would make proving a criminal intent difficult).

That is also known as common method of money laundering (where in you disguise income, take a small loss on it, in order to convert it back from a seeming legitimate source at a later date).

The problem many of these people may well face is that the methods used abroad would be illegal within the UK (in fact they'd be money laundering and tax evasion within the United Kingdom). HMRC would likely try to make the case that as such, because the funds were from the UK, by UK citizens, resident in the UK for more than x length of time each year, then they represent evasion rather than avoidance.

"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

Why can't MP's have ISA's, or any other legally constructed tax efficient saving vehicles that the rest of the UK population can have then TUX?

What's immoral about what he did?

As we speak I have investments all over the globe contained within my ISA's and SIPP (Self Invested Personal Pension).

I paid zero tax last year by taking an income from the SIPP just below the Nil rate threshold and paid it into my ISA, where it continues to grow tax free and I can draw down on it when I choose to without paying any tax.

Anyone that is criticising Cameron is probably a hypocrite and/or doesn't understand that tax planning is a legitimate exercise that creates wealth for the country from companies like Hargreaves Lansdown and other fund managers being successful making a profit and paying corporation tax as well as employing thousands of staff.