The Times (£) has claimed that three members of Take That, Gary Barlow, Howard Donald and Mark Owen, have invested at least £26 million in a scheme described by Revenue and Customs as a mechanism for tax avoidance.
The company behind the scheme have said that it is not for the avoidance of tax but is a way to make money by investing in the music industry.
Mr Barlow, Mr Donald, Mr Owen and Mr Wild paid significant tax, their lawyers said. The musicians and their manager made no comment on the size of their investment in the scheme.
Comedian Jimmy Carr has admitted he made a "terrible error of judgement" over his tax arrangements.
Jimmy Carr did not break the law, but he exemplifies the feeling that the rich live by different rules than the rest of us.
The Government has re-stated it will crack down on the shady world of tax avoidance. Laws to do so may now be fast-tracked.