PM: These very dodgy tax avoiding schemes are wrong

Prime Minister David Cameron said that although he had not had time to look in detail into The Times investigation into tax avoidance schemes (£), he wants to take action to stop such schemes enabling top earners to deprive the public purse of up to £4.5 billion per year.

Mr Cameron stressed that there was "nothing wrong" with people planning their tax affairs or investing for their retirement, but said the Government was determined to crack down on the various "very dodgy tax avoidance" techniques currently being used.