Beckham-backed film funding firm to begin appeal against HMRC

Ingenious will fight to overturn court decision in what could be
longest tax tribunal appeal ever

An investment firm that persuaded celebrities, sports stars and
business leaders to invest in controversial film partnership
schemes will on Monday launch an appeal against HMRC that could
cost the taxman up to £1bn.

Stars from the worlds of sport and entertainment, including
David Beckham, Ant and Dec and Jeremy Paxman, are among those who
put money into investment schemes run by the Ingenious Group, a
financing company that funded more than 60 films including Avatar
and Brooklyn.

Source: FS – All-News2-Economy
Beckham-backed film funding firm to begin appeal against HMRC