122 HNW investors sue advisers over Ingenious film tax scheme losses

Includes football stars

Victoria McKeever
clock
The long-running dispute between HMRC and the Ingenious Group began in 2012
Image:

The long-running dispute between HMRC and the Ingenious Group began in 2012

Law firm Peters & Peters is to represent 122 high net-worth investors, including former football stars, looking to sue advisers over losses incurred after investing in Ingenious Media film tax schemes.

The group of investors, which the law firm says includes a number of sports professionals, maintain they were mis-sold investments in the film tax schemes between 2000 and 2013. Investors claimed t...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

April IHT receipts up £10m on last year, HMRC reveals

April IHT receipts up £10m on last year, HMRC reveals

‘Boost for the Treasury’s coffers’

clock 24 May 2022 • 7 min read
"The UK government's current tag line of ‘Building Back Better' is focused on the realisation that we can live in a smarter way. It also suggests that the UK has the opportunity to be at the forefront of 21st century sustainable innovation." - Andrew Aldridge

Andrew Aldridge: Building back better - opportunities for advisers

Digital innovation, healthcare and renewables

Andrew Aldridge
clock 15 March 2022 • 4 min read
Ukraine crisis panel: Investment experts respond to key questions

Ukraine crisis panel: Investment experts respond to key questions

Global challenges

clock 10 March 2022 • 1 min read