Cameron says he bungled admission of offshore fund

He waited just long enough to apologize so his people could complete the move of that trust money somewhere else still accessible to him and his heirs....

As long as the commoners do not use these tax free offshore accounts everything is ok. These tax-free accounts should only be used by the "elites" to keep them in power and allow them to squat over the commoners.

More questions are coming up about money he got from his mumsie. The Guardian is hinting at an inheritance tax dodge while The Telegraph sees it all as perfectly normal.

Poor Dave. The last time he got a botty tanning like this was at Eton.

@Jimizo

The Guardian is hinting at an inheritance tax dodge while The Telegraph sees it all as perfectly normal.

Yes, but in fairness to Cameron, the inheritance tax system in the UK is one of the most bizarre in the world. The system is rigged to benefit the wealthy while only creating the illusion that an inheritance tax exists. Only mugs without accountants or people who die unexpectedly actually pay the tax. You can essentially avoid it entirely as long as you give away all your property 7 years before your death. On the other hand, if someone gives you a gift and dies just a few years later, the taxman might come looking to collect from you (the recipient) even if you've already spent the money.

I remember taking tax course at university where the conclusion to one of my exam questions on inheritance tax was 'be wary of elderly people bearing gifts'.

Screw inheritance tax..

Cameron says he bungled admission of offshore fund

Well he's bungled just about everything else.

A true Wonkerer. -Should give up the Prime Minister bit and become a real candy-man.