Chancery and Prescience Film Finance are launching an EIS investing in the international film indust...
Chancery and Prescience Film Finance are launching an EIS investing in the international film industry and offering the usual tax benefits. Prescience Pictures will invest in film or television projects that meet strict commercial criteria and will then take part in their co-production. It also aims to maximise the benefits of the new UK film tax credit on qualifying productions. If the venture qualifies, EIS investors can potentially receive income tax relief of 20% on the subscription, up to a maximum of £400,000. CGT deferral for the amount subscribed is also available with CGT exemp...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
