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Lights, Camera…. Take Action by next Tuesday May 11th and you could avail of a Low Risk Tax Saving

We currently have an interesting film investment opportunity in conjunction with HBC (Howard Bastow Charleton). The investment concerns a new RTE television series featuring Pat Shortt due to be screened later this year. Potential investors paying the higher rate of tax, 41%, should certainly consider this film tax saving opportunity which could result in a quite straight forward and immediate return of up to €3,900.

Details of the investment are as follows:
The minimum investment amount including relevant borrowing is €12,500 with other remaining investment slots available of €25,000, €37,500 and €50,000. The maximum relief is available for a cash outlay of €16,600, which is fully returned once tax is reclaimed.
A Section 481 investment is considered to be a low risk investment.  Currently, tax relief for S.481 investments in qualifying films is available on 100% of an investment of up to €50,000 in a single tax year. The relief operates by reducing taxable income at the higher rate by the amount of the investment made.

The Closing Date for this opportunity is Tuesday 11th May 2010. For some more detailed information on the opportunity, please click on the link below.

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