Film Scheme

Tax & Regulation | 3 Jul 17

A former IFA, an accountant and two film producers have been ordered to repay more than £2m ($2.6m, €2.3m) that they scammed from investors in a film tax fraud.

Tax & Regulation | 2 Jun 17

British investment advisory group Ingenious Media said it will appeal an August 2016 Tax Tribunal ruling on the status of its film production partnerships, which date back as far as 2002 and involve many famous actors and footballers.

Tax & Regulation | 17 Mar 17

HM Revenue & Customs has extended its run of victories against schemes seeking to exploit tax breaks for the UK film industry.

Tax & Regulation | 27 Feb 17

HM Revenue & Customs (HMRC) has rejected criticism over how it has handled the exploitation of tax breaks for the film industry, which Treasury chairman Andrew Tyrie claims has been “financially calamitous” for some investors.

Tax & Regulation | 9 Jan 17

HM Revenue & Customs (HMRC) has revealed its 10 most significant fraud and organised crime cases of 2016. In the ongoing fight against tax evasion, HMRC prosecuted a range of tax fraudsters leading to 679 individuals being convicted for their part in tax crimes, with sentences for 2016 totalling more than 730 years.