"The musicians avoided tax on about £63million from world tours and CD sales thanks to 'music-industry investment schemes'
Gary Barlow and two other Take That stars face having to pay back tens of millions of pounds in tax after a court ruled they were part of a massive tax avoidance scheme.
The singer-songwriter, Howard Donald, Mark Owen and manager Jonathan Wild poured £66million into two partnerships styled as music-industry investment schemes.
But the ventures were artificial tax shelters for the super-rich which allowed the musicians to avoid tax on about £63million from world tours and CD sales.
The Take That members are likely to be ordered to repay more than £20million to HM Revenue & Customs.
Tax judge Colin Bishopp rejected arguments that more than 50 partnerships, set up by a company called Icebreaker Management, had been set up for commercial purposes.
He said: “Icebreaker is, and was known and understood by all concerned to be, a tax avoidance scheme."
Never liked the man - mainly because of his support for the nasty party - typical behaviour from the very rich again.
Funny how ordinary folks pay their taxes despite not being very well off - but those with millions don't want to pay any tax at all.