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Celebs to foot huge bills if looming case goes against film schemes

Celebs to foot huge bills if looming case goes against film schemes

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.

Investors in the billion schemes include footballer 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 now 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.' 

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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