Enterprise Investment Scheme – film production company – risk to capital condition in s.157A ITA07 – whether there was a significant risk of loss of capital – yes – whether the company had objectives to grow and develop its trade in the long term, as opposed to producing a single film or financing a series of individual films – yes – appeal allowed
Citations:
[2022] UKFTT 141 (TC)
Links:
Jurisdiction:
England and Wales
Taxes – Other
Updated: 11 June 2022; Ref: scu.677942