Several legendary English cricketers, including former captain Michael Vaughan, are facing what’s called very substantial bills for payment of tax as a result of their involvement in film investments, according to media reports.

The Guardian reported that HMRC has sent demands to investors, including the former cricketers, in partnerships set up by the company Ingenious Media, which the tax authority is challenging in the upper tax tribunal, claiming they constituted tax avoidance schemes.

The cricketers who invested in these partnerships have been subject to HMRC “accelerated payment notices&rdqu...