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Film Scheme

Companies | 5 May 23

Investors lose appeal over film tax avoidance scheme

Promoters ‘will take every step to limit their liabilities should things not pan out as expected’

Companies | 26 Jul 22

Ingenious suffers court defeat against HMRC over film schemes

Taxman can now collect £1.6bn in outstanding liabilities

Industry | 29 Mar 22

Barrister owed no duty of care to film investors

After they were refused tax reliefs from HMRC

Companies | 7 Sep 21

Film investment scheme reaches settlement with HMRC

Investors will now not need to pay £1.6bn in ‘dry tax’

Companies | 5 Aug 21

HMRC loses court battle over Ingenious film scheme

‘We are considering what further options are open to us in relation to these proceedings’