Rooney faces £3.5m bill through ‘tax avoidance’
England captain challenged by Revenue and Customs over suspect film scheme.
Wayne Rooney is facing a £3.5 million charge after tax authorities challenged a suspected avoidance scheme in which he was the largest investor.
The football star, […]
EIS Film Funding – Does it matter that on average only 7% of all British films make a profit?
British Films like Skyfall, Slumdog Millionaire, The Woman In Black and The King’s Speech were international hits – putting them in the minority.
Just 7% of films made in the UK turn a profit, according to recent […]
‘IFAs as enablers’: How HMRC will target advisers behind tax avoidance schemes
HM Revenue & Customs has set out how its plans to impose fines on firms promoting tax avoidance schemes will work in practice.
In a consultation paper on strengthening tax avoidance penalties and deterrents, HMRC includes IFAs within […]
CIDG Launches its Round 2 EIS Raise with HMRC Advanced Assurance
Set up in February 2015 by industry professionals, Compare Investments Dot Guru (CIDG) has formulated a comprehensive strategy to become the only source of impartial and trusted financial product comparisons and reporting in the marketplace […]
Ingenious hits back at ‘false’ HMRC claims in film partnership case
Film partnership firm Ingenious has hit back at HMRC for “deliberately confusing” the scheme with proven tax avoidance schemes.
Ingenious chief executive Neil Forster has accused HMRC of making assertions that are “factually wrong” and for incorrectly linking […]
Supreme Court rejects Tim Levy’s ‘Last throw of the Dice’ tax avoidance appeal
HMRC has won a three-year battle with a film scheme used by celebrities and sports stars to avoid tax, after the highest court in the land threw out its case.
The Supreme Court has dismissed a […]
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