The Treasury has published the data to highlight the extent to which the highest earners are using various vehicles to reduce their tax bills. It does not show, however, exactly which measures they are using.
The figures reveal that 3% of people with earnings of between £1m and £5m paid less than 10% tax in the 2010/2011 financial year. For those with an income of between £5m and £10m, the proportion increased to 4%, and then up to 6% for those with an income of above £10m.
The figures are tiny and hardly justify the wholesale attack by the Government on charitable giving.
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