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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...
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.
YearTitleDirectorDistributor2019Madman Entertainment (Australia & New ...201920192019Aurora Alliance Films and Well Go USA ...- 1998
- 80
- Investment
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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...
This appeal concerns the scope of the duty of confidentiality owed by Her Majesty’s Revenue and Customs (“HMRC”) in respect of the affairs of tax payers. The duty is now in statutory form. Commissioners for Revenue and Customs Act 2005. 2. Section 18 of the Act is headed “Confidentiality”.
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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 ...
Jul 31, 2015 · More than 150 members of Ingenious Media scheme labelled as tax avoidance by HMRC fail in bid to overturn new rules imposed by George Osborne. Simon Bowers. Fri 31 Jul 2015 14.47 EDT.
