Ingenious hits back at HMRC ‘inaccuracies’ in case ruling
The chief executive of film partnership firm Ingenious has attacked HM Revenue & Customs in response to the UK tax office’s ruling on two tax avoidance cases.
The chief executive of film partnership firm Ingenious has attacked HM Revenue & Customs in response to the UK tax office’s ruling on two tax avoidance cases.
The UK tax office has claimed victories in two long running legal disputes over schemes involving artificially created losses, which had ensnared several high-profile entertainment and sporting figures and involved hundreds of millions of pounds in unpaid taxes and interest.
Several former England cricket captains have been caught up investing in disputed film schemes that have also seen many high-profile footballers lose millions.
UK-based financial services provider LDF is offering a loan facility to suspected tax avoiders to help them meet payment deadlines arising from accelerated payment notices.
Ingenious Asset Management has formalised its offering for its transatlantic clients with the launch of IAM-US.
Hundreds of investors have begun a legal battle against UK media investment firm Ingenious after the film production initiative they invested in was accused of being a tax avoidance scheme, media reports have revealed.
HM Revenue & Customs has issued its first accelerated payment notices to suspected tax avoiders, and will continue to do so on a monthly basis until it has sent out over 40,000 demands.
International Adviser looks at four cases of celebrities being targeted for their investment into tax avoidance schemes.
Ingenious Asset Management has completed its acquisition of Thurleigh Investment Managers and its £300m of onshore and offshore assets.