"Officials and liquidators are pursuing businesses behind 21 movies that sought nearly £16 million in incentives from a joint HMRC and British Film Institute scheme. Businesses controlled by prolific film producer Alan Latham - whose films have featured stars including Elizabeth Hurley, Kelsey Grammer, and Bill Nighy - are being investigated by HM Revenue & Customs (HMRC) amid questions over how taxpayer funds were used to finance dozens of little-known productions."
"Liquidators are examining the collapse of Highfield Grange Production Services, one of Latham's key holding companies, which listed £20.4 million in film investments now written down to zero. Creditors, including HMRC, have been left facing losses after Highfield fell into liquidation following a tax dispute. The tax authority is also seeking to wind up GSP Studios International, Highfield's main shareholder and another Latham-controlled entity."
Twenty-one films sought nearly £16 million in incentives under the joint HMRC and British Film Institute film tax relief scheme. Companies controlled by producer Alan Latham are under HMRC investigation and liquidation scrutiny over the use of taxpayer funds to finance numerous little-known productions starring household names. Highfield Grange Production Services listed £20.4 million in film investments now written down to zero and has entered liquidation, leaving creditors including HMRC facing losses. HMRC is seeking to wind up GSP Studios International, a main shareholder. More than 20 Latham-linked films attempted to claim reliefs; some received interim certification, many companies failed to file accounts, and production budgets have been questioned.
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