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How much Britain's top 10 taxpayers, including Ed Sheeran and JK Rowling, are paying

Britain's largest taxpayers have been revealed and include the likes of businesswoman Denise Coates and pub tycoon Tim Martin.

Others featured include the co-founder of Specsavers, a Formula 1 mogul, a revered author, a boxer, and a world-class singer. Overall, the top 100 wealthy individuals or families are believed to be liable for a combined £5.353 billion in British tax last year.

However, two-thirds were found to have actually paid less this year. The rankings include corporation tax, dividend tax, capital gains tax, income tax, and payroll taxes as well as gambling and alcohol duties, according to the most recently filed company accounts, the Mirror reports.

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Topping this year's list for the second year is Moscow-born billionaire Alex Gerko, who had an estimated tax liability of £664.5 million. He's followed closely behind mathematician Mr Gerko, owner of London-based financial trading firm XTX, who contributed the equivalent of £1.8 million a day.

Following is F1 tycoon Bernie Ecclestone with £652.6 million and Bet365 billionaire Ms Coates and her family at £375.9 million. She is followed by rival gambling empire Betfred, owned by brothers Fred and Peter Done, at £204.6 million.

Topping up the big five is Sir Tim Martin, founder of pub giant JD Wetherspoons, with a tax bill of £167.1 million. Sir Tim said it was “vitally important” that more companies reported all the tax they paid.

“Without this perspective, people may become more cynical about free enterprise, which is the vital engine of prosperity, and thereby freedom, for democratic societies,” he said.

Other notable faces on the list include Sports Direct billionaire Mike Ashley at £139.4

Read more on manchestereveningnews.co.uk