Ed Balls distanced himself from Ed Miliband yesterday as he warned he would crack down on a controversial form of ‘tax abuse’ used by the Labour leader. The Shadow Chancellor twice declined to say whether Mr Miliband had acted morally in signing up to the so-called ‘deed of variation’ on his late father’s will that limited potential inheritance tax liability. Mr Balls vowed that Labour would be ‘the party that will crack down on tax planning.’ Scroll down for video Shadow Chancellor: Ed Balls (pictured) vowed Labour would be 'the party that will crack down on tax planning' He also distanced himself from the Labour leader’s attempt to personalise the row about tax avoidance by branding individual Tory donors ‘dodgy’.
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Shadow Chancellor Ed Balls will not say if Ed Miliband acted morally
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Labour leader signed up to 'deed of variation' on his late father’s will
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Balls vows Labour will be 'party that will crack down on tax planning'
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Labour faces allegations about tax affairs of its own senior figures
‘Now that Ed Balls has said he will look at closing these schemes designed to reduce inheritance tax liabilities, @placeholder should publish this document to clear up this matter.’