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Stars could face huge bills as tax case looms

Celebrities could face tax bills running into millions of pounds if a looming tax tribunal case goes against film scheme provider Ingenious Media, according to Mail on Sunday.

 
Stars could face huge bills as tax case looms

Celebrities could face tax bills running into millions of pounds if a looming tax tribunal case goes against film scheme provider Ingenious Media, according to the Mail on Sunday.

Investors in the billion schemes include footballers David Beckham, Steven Gerrard and Wayne Rooney; TV presenters Jeremy Paxman and Anne Robinson; and pop star Robbie Williams.

According to the Mail, HMRC will argue its case against Ingenious at a tax tribunal, with hearings likely to begin next year. Ingenious has called for the tribunal to bring to a head the Revenue's long-running investigations, it added.

Ingenious Media Investments chief executive James Clayton said: 'We welcome the opportunity this gives us to finally bring the matter before the tribunal where we will have our case heard by an independent assessor.' 

6 comments so far. Why not have your say?

peter hart

Dec 10, 2012 at 17:31

Undoubtedly the scheme is to avoid tax rather than promote films. Proving it might be a problem though.

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Matt via mobile

Dec 10, 2012 at 18:40

They should make a film about this.

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peter montgomery

Dec 10, 2012 at 19:59

Dis-Ingenious? And Paxman has the nerve to complain to M and S about their Y -fronts? Humbug.

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Michael fuerst via mobile

Dec 10, 2012 at 21:08

They should make a film about this, no one will watch but it will make a good tax shelter !

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douglas gordon

Dec 11, 2012 at 06:12

Bring it on! This is one I do hope HMRC wins!!

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In the Dark

Dec 12, 2012 at 01:14

Are these the so call stars that sucked up to Blair et al. What a surprise to find them organising their tax affairs to minimise the burden.

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