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Chancellor hikes tax relief for film partnership schemes

Investors in film partnership schemes will get 20 per cent tax relief under new rules outlined in the Budget, according to Chancellor Gordon Brown.

In a bid to boost investment in the schemes, the Chancellor said he will hike the relief but indicated he would close any remaining loopholes.


Government to allow real estate investment trusts

Chancellor Gordon Brown says the Government is to push ahead with plans to introduce real estate investment trusts. In his Budget speech, the Chancellor said he would allow firms to offer the trusts, which are a common feature in many other European countries.

Artemis aims for VCT dash

Noble & Company is promoting a small top-up share issue of up to £1.9m for the Artemis Alternative investment market (Aim) VCT. This VCT was established in February 2001 and aims for income and growth by investing mainly in Aim companies that operate in different industries. A small part of the portfolio may consist of […]

FSA responds to Miles review

The FSA it will consider carefully the recommendations made by David Miles in his review of long term fixed interest rates. FSA director of high street firms Sarah Wilson says with the introduction of statutory regulation of the mortgage market on 31 October 2004, the FSA will implement reforms to improve the functioning of the […]

Relief is doubled for VCTs

The Treasury is doubling up-front income tax relief for investments in venture capital trusts and raising the annual limit to £200,000 in a bid to encourage greater investment in the flagging sector. From April 6, investors will get 40 per cent relief instead of 20 per cent as the Treasury seeks to stop the slide […]


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