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David Beckham, Gary Lineker and Jeremy Paxman are among a string of celebrities who have won against the taxman in a multi-million-pound legal battle.
A controversial film scheme they invested in has won an appeal against HMRC over bills estimated to be worth around £64million in total.
The ruling applies to 4 per cent of £700million the taxman claimed from investors in Ingenious Media.
Stars typically invested between £160,000 and £1.4million into the schemes, which helped to produce films such as Avatar and Die Hard 4. (Pictured, David Beckham)
The case dates back to the early 2000s when ‘sideways loss relief’ rules were still permitted. (Pictured, investor Jeremy Paxman)
It is unclear what the latest outcome of the seven-year battle means for taxpayers as lawyers on both sides assess the ruling and plan next moves.
Ant and Dec, Robbie Williams, Guy Ritchie and Andrew Lloyd Webber were also among 140 celebrities who pumped money into the schemes which give tax breaks to film investors.
Stars typically invested between £160,000 and £1.4million into the schemes, which helped to produce
