Two film partnerships have lost an appeal to claim tax relief on their losses after the upper tribunal ruled that they were not run for commercial purposes.
The High Court has dismissed a case brought by accounting firm Chancery against the Financial Ombudsman Service (FOS) relating to its handling of a compensation case of a film investment scheme
Former cabinet minister Andrew Mitchell, who resigned over the Plebgate scandal back in 2012, invested in a film investment scheme that the government has now decl
A film fraudster has been jailed for three years and eight months after cheating the public revenue of £1.6m in VAT.
HMRC said it has paid £995m in tax relief to British film productions since 2007.
Investors in a film-investment scheme face a large tax bill after an upper tier tax tribunal ruled that "Eclipse 35" does not deliver the tax relief it claimed.
A producer who made a 3D film has been sentenced to three years in prison for £1.5m VAT fraud.
A producer who made the UK's first 3D film has been found guilty of a £1.5m VAT fraud.