'Plebgate' MP invested in scheme HMRC says avoided tax

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

Tax collectors say the scheme's investors can expect to receive big tax bills in the coming months, the BBC reports. Mitchell resigned from government in October 2012 over an argument with 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 BBC's Newsnight programme. According to its promoters, this was a scheme that encouraged people to invest in British film. But, according to HMRC, it was designed to gener...