‘Misleading media reports’ Ingenious Film has hit out at “misleading” press reports on its ongoing tax court case and criticised HM Revenue & Customs (HMRC) for painting its partnerships “as nothing more than tax avoidance vehicles”. The film production partnership firm has been in an ongoing court dispute with HM… – Continue reading
HM Revenue & Customs (HMRC) has secured victory after Ingenious tax avoidance scheme investors’ challenge to its tax avoidance crackdown process were rejected. Accelerated payment notices were introduced in July in the Finance Act 2014. They allow tax avoidance scheme users to pay disputed tax 90 days before HMRC challenges… – Continue reading
Ingenious v HMRC, the case which begins at the Competition Tribunal in Bloomsbury Place London today, marks the culmination of almost a decade of wrangling between the blue chip British media investment company and the Revenue. Newspapers have been intrigued by the case because of the celebrity investors involved. David… – Continue reading
