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Film Partnerships

Film partnerships can be a highly effective tax shelter if your circumstances are right.

It is not possible to make a film partnership investment on-line. If you are interested, call 01225 428444 for professional assistance, or click here.

What tax benefits are available?

Income and capital gains shelter (current year and three year carry back).
Particularly useful to people with significant income tax liabilities.
100% tax relief on gross investment.

What is a film partnership?

Film partnerships have resulted from tax incentives introduced to help finance the UK film industry.
They involve sale-and-leaseback deals on the distribution rights of films that have already been made.

How do they work?

Up to 19 investors put money into a general partnership set up to buy film rights or fund a TV production.
Minimum cash subscription normally £25,000.
Investors usually fund around 25% of the total funding requirement.
The partnership buys distribution rights in qualifying films from a film producer.
The partnership leases the distribution rights back to the producer on a long lease (max.15 years).
The producer makes lease payments to the partnership that equals the capital and interest repayments on the bank loan making the investment neutral in capital terms.
The whole of the investment (investor contribution and the amounts lent by the bank) qualifies for tax relief in the first year because the partnership can write off 100% of the acquisition costs of the film.
So on £100,000 film purchase there will be a tax rebate of £40,000 for an outlay of only, say, £25,000.

Investment risk

Film partnerships are medium to long term investments.
Careful consideration is necessary to ensure that a film partnership investment is suitable for you in the light of your personal circumstances and attitude to risk.
You should not invest until you have read and understood the partnership documents.

The above provides only a general summary and is not a substitute for obtaining professional advice.Levels and basis, and reliefs from, taxation are subject to change and their value depends on the circumstance of the individual investor.

To request further information call 01225 428444, click on the call me back button below or to access the Film Partnerships Enquiry Centre, click here.

Astute Investor does not recommend or endorse investment products nor does it provide financial advice.
This site is for the use of UK residents only. Past performance is not necessarily a guide to future performance. Mortgages, loans, general insurance, stockbroking services, tax advice, will writing, advice on deposit accounts, and some aspects of protection are not regulated by the FSA. Levels and basis, and reliefs from, taxation are subject to change and their value depends on the circumstance of the individual investor.

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