View more on these topics

The Plotz thickens for investors in UK films

Curzon Capital is to sponsor Movision Management&#39s first series of

film partnerships intended to offer tax relief for investments in

British film and TV productions.

The partnerships have been structured to benefit from capital

allowances for film and television finance. These allow investors to

finance the investment from existing tax liabilities or tax already

paid. Investors also receive a small tax rebate.

The partnerships will be advised by UK-based film company Spice

Factory and Ministry of Vision, which was co-founded by best-selling

author Peter James.

Films produced by Spice Factory include Plotz With a View, starring

Brenda Blethyn, Alfred Molina (both pictured above), Lee Evans and

Christopher Walken, and Pilgrim, starring Ray Liotta.

Curzon hopes to raise £50m this year to produce at least 20

feature films and TV dramas before 2005.

Senior executive officer Christopher Derricott says: “The

partnerships represent a very interesting opportunity since the UK

Government is effectively financing the partners&#39 entire investment.”

Spice Factory joint chief executive officer Michael Cowan says: “This

provides the opportunity to create the biggest and potentially most

profitable independent film and television financing vehicle in the

UK over the next five years.”

Recommended

Helpful distortion

It appears that among the reasons given by the FSA to abandonpolarisation is that it is a major market distortion. This does notconstitute a reason for change.In a free market, the powerful and well informed exploit the weaknessand ignorance of those with whom they deal. Before 1986, financialconsumers, who largely exhibit the latter qualities, had […]

Julian Gibbs

Despite volatile world stockmarkets, stockmarket-linked high-incomeproducts have proved very popular with both the public and IFAs.Future Value Consultants, an independent analyst rating theseproducts, asked IFAs to vote on the products they like best.The winner was the NDF Abbey National extra income and growth series,which gave investors an income of 10 per cent or more with […]

Standard Life – Group Plan

Tuesday January 29, 2002 Type: Group money purchase pension. Minimum premium: Monthly £50 a member. Minimum group size: 17. Minimum-maximum ages: 18-75. Fund links: Standard Life funds – Sterling one, fixed interest one, property one, protection one, structured one, indexed linked one, managed one, ethical one, international one, stock exchange one, Far East one, European […]

Lend me your arrears

With sources such as the CBI reporting the biggest growth inChristmas consumer spending since 1987, this month will find manypeople realising that their overspending has turned into the grimreality of higher debt levels.It is all too easy to delay paying the major monthly bills but theconsequences of mortgage default are by far the most serious. […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment