Bankrolling blockbusters

Lauren

Thanks to loopholes in government legislation, generous tax reliefs are available to film makers.

Lauren finances film for tax relief bombshell.

See how she does it below…

Films have been the subject of more tax avoidance than almost anything else in recent years. Every government wants to have films made in their country, and there is nothing wrong in helping this through tax reliefs.

However, those reliefs have been abused in recent years by what’s called leveraging. That means that most of the film is funded with borrowed money but the tax avoiding investors like Lauren get tax relief on all that’s spent on the film, whether it’s paid for with borrowed money or from their own funds.

The result is that the total relief they get can be as much or even more than they actually invest themselves.