Border is shut down by gun­fire

Stars hand over £20 million

7 Days in Dubai - - GLOBAL NEWS -

Pop group Take That have paid up £20 million (Dhs104 million) they owe the Bri­tish gov­ern­ment over a tax avoid­ance scheme. Gary Barlow, Mark Owen and Howard Don­ald put £66 million into tax shelter Ice­breaker. More than 1,000 investors put over £300 million into the scheme, which was sup­pos­edly in­vested in cre­ative in­dus­tries, which pro­vided them tax re­lief on losses big­ger than their in­vest­ments. Their man­ager Jonathan Wild was also in­volved in the scheme but their for­mer Take That band­mates Ja­son Orange and Robbie Wil­liams were not, the Daily Mir­ror news­pa­per re­ported in the UK.

Barlow pre­vi­ously took to Twit­ter to apol­o­gise for his ac­tions. He wrote: “I want to apol­o­gise to any­one who was of­fended by the tax sto­ries... With a new team of ac­coun­tants we are work­ing to set­tle things with all par­ties in­volved ASAP.”

Judge Colin Bish­opp ruled that the scheme was mainly in­tended for tax avoid­ance rather than in­vest­ment. Other mem­bers of the scheme, though, ap­pealed against the de­ci­sion.

Mean­while, it has been re­vealed that Barlow is ex­pected to earn £10 million (Dhs52 million) this year, thanks to three West End mu­si­cals, a Take That tour and an al­bum.

And the singer is also re­port­edly work­ing on a tele­vi­sion show to ri­val The X Factor. Pak­istani and Afghan border guards ex­changed gun­fire overnight on Sun­day at a cross­ing be­tween the two coun­tries, leav­ing one guard dead and 17 wounded on both sides, of­fi­cials said. The Torkham cross­ing was closed yes­ter­day fol­low­ing the in­ci­dent and talks were un­der­way to defuse the sit­u­a­tion and re­open the border. Ghun­cha Gul, a Pak­istani of­fi­cial in the re­gion, said the Afghan side started shoot­ing late on Sun­day night when con­struc­tion work be­gan on a new gate on the Pak­istani side. He said the gun­fire ended about 4am. On the Pak­istani side, two guards and nine civil­ians were wounded.

Newspapers in English

Newspapers from UAE

© PressReader. All rights reserved.