Plymouth鈥檚 billionaire retail magnate Chris Dawson has saved 拢3million on his tax bill as many of the 海角视频鈥檚 wealthiest people saw their contribution to the Treasury shrink in the past two years.
The entrepreneur appears on the third Sunday Times Tax List Top 50, at number 46, alongside several other South West individuals and companies which have key operations in the region.
The list includes vacuum cleaner inventor Sir James Dyson, financial services tycoon Sir Peter Hargreaves, JD Wetherspoon founder Tim Martin, and South West born Harry Potter author JK Rowling.
It also includes the owners of some key West Country employers, such as Mike Ashley, whose Frasers Group Plc retail empire is a major player in Plymouth and other locations, and the Samworth brothers, now owners of pasty-maker Ginsters.

But many of those in the list have seen their wealth and contributions to the taxman decrease 鈥 even before being hit by the economic effects of the coronavirus pandemic.
And with the many of the financial records on which the fiscal calculations were made being for the year up to the outbreak of the pandemic, it it thought even less cash will flow through to the Government in future.
Mr Dawson, along with wife Sarah Dawson, is estimated to have paid HMRC 拢17.4million in 2020, down from 拢20.4million in 2019 and 拢25.4million in 2018, according to the Tax List.
That is despite the couple鈥檚 wealth jumping from 拢1.96billion in 2018 to just over 拢2billion last year. Sales at their The Range homeware chain increased from 拢942.679million to 拢999.972milion in the year to February 2020, due to an increased number of stores and fixed costs remaining static
But the Annual Report and Consolidated Financial Statements also revealed no dividend was paid to Mrs Dawson, who owns 100% of the company, during the year and 鈥渘o dividend has been proposed post-period-end鈥.

In 2019, a dividend of 拢25million was paid to Mrs Dawson, who lives in the tax haven of Jersey, a year after the couple had trousered a 拢39million dividend.
Meanwhile, profit for The Range, after taking out items such as tax, finance costs, and administrative expenses from 2019鈥檚 拢59.483million.
Mr Dawson did, however, jump four places in the Tax List, in which just a third of the 50 businesses and people featured are paying more tax this year.
Sixteen are paying less tax and 17 people listed last year have fallen out of the list altogether this year. In 2020 a business needed to pay 拢20.4million to make the top 50 鈥 this year it is just 拢13.1million.
The South West鈥檚 biggest contributor to the taxman is Sir James Dyson. The inventor, criticised for shifting his HQ from Wiltshire to Singapore, had a tax liability of 拢115million, on wealth of 拢16.2billion.
Mr Dyson sits at number six in a list topped by Bet365鈥檚 Coates family, three places above Bristol-based financial services moneybags Peter Hargreaves, who paid 拢91.4million on tax on a wealth of 拢2.4billion.

Wetherspoon boss Tim Martin, who lives near Exeter, is at number 17, paying 拢38.6million in tax on a wealth of 拢311million. Mr Martin has criticised the Covid-19 lockdowns for shuttering his pubs and future tax calculation are likely to be hit by this failure to trade during long periods of the pandemic.
In fact, the pandemic is likely to severely curtail cash flowing to the Exchequer. Lower profits mean fewer Corporation Tax payments, and less tax from dividends.
Author JK Rowling, who studied at the University of Exeter, will pay about 拢34.8million, down by 拢13.8million, having earned a lot less in the past year with the shuttering of the Hogwarts theme park and the Harry Potter and the Cursed Child stage show.
She is one of the few on the list, landing at number 23, whose figures take into account the period of the pandemic and saw her income fall to 拢72.5million, a 27.5% slip. She is, however, giving royalties from her children鈥檚 story The Ickabog to charities hit by the Covid crisis, and has an overall estimated wealth of 拢795million.
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Business Live's South West Business Reporter is William Telford. William has more than a decade's experience reporting on the business scene in Plymouth and the South West. He is based in Plymouth but covers the entire region.
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The list is compiled from liabilities for Corporation Tax, tax on dividends and payrolls, Capital Gains Tax, and gambling duties. It is calculated on a mix of company and personal wealth.
The list also includes names familiar across the South West such as Douglas and Dame Mary Perkins, of the Specsavers empire, at number 11, who were liable for 拢58.3million of tax on wealth of 拢1.8billion.
That was one place above tracksuit and trainer king Mick Ashley, whose Frasers Group now controls Sports Direct, House of Fraser, Flannels and Evans Cycles, all found within a few yards of each other in Plymouth city centre, for instance. He coughed up 拢46million to the treasury on his wealth of 1.949billion.
One place below Mr and Mrs Dawson, at number 47, are father and daughter Tony and Lisa Wilkinson, of the Wilko budget homeware chain, with 拢16.5million paid to the taxman on a pot of 拢280million.
Brother Sir David and Mark Samworth may be based in the Midlands, but it owns Ginsters, the pasty-makers with factories in Cornwall and an office at Plymouth鈥檚 Royal William Yard. The brother stumped up 拢30.4million in tax on a wealth of 拢334million.