Film scheme investors granted right to appeal High Court decision

The Court of Appeal's ruling means about 80 investors can continue with their fight for a judicial review challenge against HMRC, after the taxman asked for immediate payment of tax it deemed they had avoided years ago. HMRC had challenged a number of schemes that, it argued, took advantage of reliefs aimed at boosting investment in the British film industry. In January it was revealed two of Ingenious' disputed film schemes had around 70 former and current footballers signed up, including Gary Lineker, David Beckham, Steven Gerrard and Wayne Rooney. HMRC, where it suspects tax is ...