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In July 2014, Ingenious Media was investigated by HMRC for promoting tax avoidance schemes. In October 2014, HMRC sent "accelerated payment notices" to people who had invested with Ingenious Media, demanding payment of substantial amounts of tax.
Aug 6, 2021 · UK tax authority HMRC (HM Revenue and Customs) has lost the latest installment of its complex and long-running legal battle with film financier Ingenious Media, which will now be looking to...
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Aug 5, 2021 · The Ingenious Group, which ran a film investment firm backed by entertainment industry figures including David Beckham, Sacha Baron Cohen and “Harry Potter” producer David Heyman, has won a £700...
Jan 17, 2020 · Earlier this month, the High Court in Barness v Ingenious Media Ltd [2019] EWHC 3299 (Ch) granted applications by two banks Coutts and Natwest (“ Banks “) to strike out a number of lender...
- Garon Anthony
- Squire Patton Boggs (US) LLP
Nov 3, 2014 · The Ingenious v HMRC tribunal kicks off today in London. Ingenious v HMRC, the case which begins at the Competition Tribunal in Bloomsbury Place London today, marks the culmination of...
After a long-running legal battle with HMRC, Ingenious Media Group have had success at the Court of Appeal, overturning a previous victory for HMRC. The Court found two of its film partnerships, Inside Track Productions and Ingenious Film Partners 2, were carrying on a trade for profit and enabling partners to claim loss relief against general ...
Stewarts is acting for a number of investors in Ingenious Media’s film/game investment partnerships, after being branded as tax avoidance by HMRC. Group action begun on behalf of 220 investors who have together invested over £100m in cash – with losses thought to exceed that figure.
