'Plebgate' MP invested in scheme HMRC says avoided tax

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Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC.

Tax collectors say the scheme's investors can expect to receive big tax bills in the coming months, the BBC reports. Mitchell is best known for resigning from the government in October 2012 over an argument with some Downing Street policemen - later dubbed "Plebgate" - a chain of events that has left him locked in a series of high profile libel actions. In the mid-2000s he invested in a vehicle called Ingenious Film Partners 2. According to its promoters, this was a scheme that encouraged people to invest in British film. But, according to HMRC, it was designed to generate inapprop...

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