Nigel Farage and tax: Do as I say, not as I do

by Charlie_East_West on June 21, 2013

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Nigel Farage – man of the people? My arse.
Nigel Farage – self serving hypocrite? Completely.

Farage, who has previously been an outspoken critic of tax avoiders, has admitted to the Daily Mirror that he paid a tax adviser to set up the Farage Family Educational Trust 1654 on the Isle of Man.

Farage tried to wriggle his way towards some sort of justification by claiming that he actually lost money on this scheme. He told the Daily Mirror: “My financial advisers recommended I did it, to have a trust really for inheritance purposes and I took the advice and I set it up. It was a mistake. I was a completely unsuitable person for it. I am not blaming them, it was my fault. It’s a vehicle that you chuck things in through your life that you don’t need and you build up a trust fund for your children or grandchildren.

“It was called an educational trust and could have been used for grandchildren’s schools fees, things like that. It was a mistake for three reasons. Firstly, I’m not rich enough to need one and I am never going to be. Secondly, frankly, the world has changed. Things that we thought were absolutely fair practice 10 years, 20 years ago, 30 years ago aren’t any more. Thirdly, it was a mistake because it cost me money. I sent a cheque off to set it up.”

That is not the point Nigel, and you know it. You set it up the tax avoidance scheme to try and save a penny or two. You tried to circumnavigate paying tax, despite your protestations about tax avoiders elsewhere. You have therefore quite deservedly earned your place in the pantheon of hypocrisy alongside the likes of Iain Duncan-Smith, Jimmy Carr and Ken Livingstone.

What next for Nigel Farage’s industrial levels of hypocrisy? He is caught whistling Ode to Joy in the street? He hires a couple of Bulgarians as special advisors? He puts songs from Foreigner or Europe on the jukebox in his local pub?

Nigel Farage – “anti-establishment outsider” – bollocks to that. He is just another example of a politician who adheres to the rule of:- Do as I say, not as I do.

{ 3 comments… read them below or add one }

George_East June 21, 2013 at 9:12 am

Great old fashioned tabloid politics story as well. Good work from the Mirror for exposing this.

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Charlie_East_West June 21, 2013 at 9:33 am

Exactly – that is what tabloid newspapers should be about.

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Mike Killingworth June 22, 2013 at 7:56 am

Well at least now we know that financial advisers are really only interested in their own finances.

Although actually it didn’t need Nigel to tell me that…

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