IFA firm LM Financial is pursuing a Bermudan dream as part of a funding
drive to raise capital for a British film which it hopes will deliver
clients onshore tax breaks.
Marketing manager Tony Wright-Jones is visiting the island paradise as
there is a shortage of suitable British film projects which qualify as
suitable investments for enterprise investment schemes.
LM already has the support of the Bank of Bermuda and the Bermudan tourist
board for the film. It will be the first feature film to be shot on the
island and has the working title Dream Bermuda.
LM intends to target local dignitaries as well as the weal-thy islanders
which are said to include actor Michael Douglas and David Bowie.
Bermudan Dream is the story of an Anglo-Bermudan woman's personal
struggle, which has already been a successful London stage show.
Ninety per cent of filming will be carried out on Bermuda although the
film will still qualify under British EIS rules.
Wright-Jones says: “There is a shortage of projects which qualify for tax
breaks so we are helping to set up a production which does qualify for an