Sales of the vehicles for the current tax year set to match the £1bn raised during 2000/01
Sales of film partnerships in the current tax year look set to match the £1bn raised in 2000/01. While sales of VCTs and Enterprise Investment Schemes have not been strong, film partnerships are the one area of the tax-efficient market that has continued to sell well. The alternative investment vehicles have proved extremely popular with top stockbroking firms and high-end intermediaries, principally because they provide a means of deferring large tax bills for up to 15 years. For example, under normal circumstances, an investor faced with a tax bill of some £100,000 following the ...
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