Sir Elton John is set to file a libel lawsuit against British newspaper The Times over articles that falsely linked him to immoral tax evasion.

The Times originally wrote that Patrick McKenna of Ingenious Media was Sir Elton's former accountant, but they were forced to print a correction that stated this was not the case.

Sir Elton's legal team have now described the correction "wholly inadequate".

William McCormick QC stated in Sir Elton's papers that the pop icon was concerned about his reputation and charity work after the damaging story had been published:

"The allegations are particularly damaging to the claimant's reputation in the sphere of charity fundraising."

Sir Elton's lawyers said the articles caused the 'Your Song' superstar "severe damage to his reputation and personal distress and embarrassment" and they will seek damages for "the sense of insult and injury".

Watch his fantastic performance at the Queen's Diamond Jubilee Concert here: