LLP Structured Film investment is a Sophisticated Tax Solution for UK High Rate Tax Payers. With a rare combination of Generous Tax Rebate & Excellent Profits all in one investment.
HMRC gives you a generous tax rebate of 45% with this LLP Structured Film investment while at the same time the UK Government supports the UK Film industry with further Grants.
How an LLP Works
An LLP is an investment vehicle whereby high rate taxpayers paying up to 45% in tax, may reclaim back only the amount they've paid by investing in a New Town Films LLP.
The LLPs Qualifying Trade is Film Development and Film Production.
Recoupment: For every £1 of capital investment New Members may claim back up to £1.45 in combined tax reliefs and capital recoupments. This is augmented by a Film Bond.
This is Sponsored by the British Government and the Department for Culture Media & Sport for investment into British Qualifying Films.
Profits/Royalties: (following on from recoupment until year 5). Profits are the investors deemed pro-rata share of royalties. Royalties are the LLPS share of the Films 100% net profit, according to the films Collection Agreement. Each New Town LLP is entitled to disperse (between members) 50% of the LLPS profit, with the other 50% going to New Town Films Limited (acting as Producers, Media Advisor and Corporate LLP Member).
Please Click on this Link to view the comments of the UK Governments Culture Secretary on the UK Film industry.