Tax avoidance is the legal utilization of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. The term tax mitigation is not however a synonym for tax avoidance. Its original use was by tax advisors as an alternative to the pejorative term tax avoidance. The term has also been used in the tax regulations of some jurisdictions to distinguish tax avoidance foreseen by the legislators from tax avoidance which exploits loopholes in the law. The United States Supreme Court has stated that "The legal right of an individual to decrease the amount of what would otherwise be his taxes or altogether avoid them, by means which the law permits, cannot be doubted."

Tax evasion, on the other hand, is the general term for efforts by individuals, corporations, trusts and other entities to evade taxes by illegal means. Both tax avoidance and evasion can be viewed as forms of tax noncompliance, as they describe a range of activities that are unfavorable to a state's tax system.

Paul Hugh Clitheroe AM (born 7 July 1955 in Nottingham, England, UK) is an Australian television presenter, financial analyst and financial advisor.

Paul is an alumnus of the University of NSW, which he graduated from in the late 1970s.

With financing from his father for his share of a new business venture, Paul and some university friends founded investment research and advisory company, ipac securities limited, in 1983.

He is best known for his stint as the host of Nine Network show Money, a financial and investment program that aired from 1993 to 2002, and has also appeared as occasional specials, the latest in 2006.

Paul occasionally appears on Tony Delroy's Nightlife on ABC radio and also on Thursdays on 2UE Money Clinic.

In addition to this, Paul has written for numerous financial publications as well as in Melbourne newspaper the Herald Sun. He is also the president of the Financial Planning Association of Australia since 1994.

Nigel Paul Farage ( /ˈfærɑːʒ/, FARR-ahzh; born 3 April 1964, Farnborough, Kent), is a British politician and is the Leader of the UK Independence Party (UKIP), a position he also held from September 2006 to November 2009. He is a Member of the European Parliament for South East England and co-chairs the Eurosceptic Europe of Freedom and Democracy group.

Farage is a founding member of the UKIP, having left the Conservative Party in 1992 after they signed the Maastricht Treaty. Having unsuccessfully campaigned in European and Westminster parliamentary elections for UKIP since 1994, he gained a seat as an MEP for South East England in the 1999 European Parliament Election — the first year the regional list system was used — and was re-elected in 2004 and 2009. Farage describes himself as a libertarian and rejects the notion that he is a conservative.

In September 2006, Farage became the UKIP Leader and led the party through the 2009 European Parliament Election in which it received the second highest share of the popular vote, defeating Labour and the Liberal Democrats with over two million votes. However he stepped down in November 2009 to concentrate on contesting the Speaker John Bercow's seat of Buckingham in the 2010 general election.