Radio star invested in tax scheme

Chris Moyles remains under contract to the BBC but left the Radio 1 breakfast show in September
Chris Moyles remains under contract to the BBC but left the Radio 1 breakfast show in September
CHRIS MCANDREW / ALL MORAL RIGHTS ASSERTED 2010

Chris Moyles, the Radio 1 presenter, invested in an aggressive tax avoidance scheme that was used by 500 wealthy people to try to deny the Treasury £200 million.

The Rushmore strategy was described by a government minister as “highly abusive” and “a scam”, and was shut down by the Treasury in 2009 before investors could claim tax relief.

Overdue documents filed online show that Mr Moyles was a director of Romangate Ltd, a company involved in the scheme. The comedian Jimmy Carr was among the investors, The Times has previously revealed. It is not known how much either invested.

Mr Moyles, 38, also set up a type of pension scheme that was flagged up as a potential concern in a BBC-commissioned report on stars’ payment