Almost one in ten people earning over £10m per year pays less than the 20% basic rate of income tax, according to Treasury figures.
The Prime Minister is set to publish details of his tax return as controversy over whether senior politicians contribute a fair amount of tax.
The Chancellor has expressed his "shock" that some of the country's wealthiest people are able to organise their finances so they pay "virtually no" income tax.
Millions of people will be affected by tax and benefit changes coming into force on Friday - changes Labour has labelled a "tax bombshell".
High net worth clients on the hunt for tax efficient savings vehicles following the Budget clampdown on maximum investment plans (MIPs) are likely to turn to enterprise investment schemes (EIS) and venture capital trusts (VCTs), the Prudential has predicted....
The next in our series looking at cases advisers may encounter sees Andy Zanelli, Axa Wealth head of technical sales, dissect Section 32 pensions after the end of protected rights.
Up to five million workers will pay the higher rate of income tax following changes in the Budget, analysis from the Institute of Fiscal Studies has found.