Search results
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 claw ...
Aug 5, 2021 · Ingenious, however, contended the schemes simply enabled “tax deferral,” pointing out that once the investment partnerships began making money, investors would end up paying the top rate of tax.
People also ask
Who owns Ingenious Media?
Did Ingenious Media promote tax avoidance schemes?
Are ingenious's film tax schemes trading to make a profit?
Why is HMRC attacking Ingenious Film Partners 2 LLP?
Key people. Patrick McKenna. ( CEO 1998-present) Number of employees. 80. Website. www .theingeniousgroup .co .uk. Ingenious Media (styled as INGENIθUS) is a division of London -based Ingenious Capital Management Limited, also known as Ingenious. The company was founded in 1998 by Patrick McKenna.
YearTitleDirectorDistributor2019Madman Entertainment (Australia & New ...201920192019Aurora Alliance Films and Well Go USA ...- 1998
- 80
- Investment
Oct 19, 2016 · The taxpayer is facing a multimillion-pound legal bill after a supreme court judge found against HM Revenue and Customs in a four-year battle with the financial adviser Ingenious Media, a promoter ...
The case centred around a disputed £1bn of tax and interest, which HMRC was trying to reclaim from Ingenious Media, Inside Track Productions LLP and Ingenious Film Partners 2 LLP over a dispute relating to a series of film and video game investment schemes, which the tax authority asserted was avoidance [Ingenious Games LLP, Inside Track Productions LLP, Ingenious Film Partners 2 LLP v ...
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 Last modified ...
Aug 4, 2021 · A U.K. film production company that marketed a tax avoidance strategy to celebrities can claim a small fraction of trading losses linked to the strategy, the Court of Appeal said in a ruling.