The Motion Picture Alliance was founded in 2008 with the specific purpose of financing and producing european motion pictures for worldwide theatrical and DVD releases. Having its headquarters in London, the MPA encourages investment in the burgeoning UK Film industry by means of public offerings of shares under the Government's Enterprise Investment Scheme (EIS).
This scheme was introduced in 1994 to encourage individuals to invest in small higher-risk trading companies as a means to help alleviate the problems faced by such companies in raising equity finance. The scheme provides income tax relief for new equity investment for qualifying investors in qualifying unquoted companies, and capital gains tax exemption on disposal of shares.
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The Motion Picture Alliance combines filmmakers worldwide from Hollywood to New York, London to Sydney. It is a group of talented filmmakers, business people and artists to combine their forces to create amazing entertainment that will primarily be filmed and produced in the United Kingdom but also throughout Europe. It is MPAs goal to bring also the amazing UK home-grown art to the big screen globally, whether it is writing, acting, production or direction. Trained actors will collaborate with technical camera crews under artistic direction based on a skilled screenwriter's story.

The tax incentives available through the Enterprise Investment Scheme (EIS) often act as the initial attraction for potential investors, but there are added bonuses for those who invest with the Motion Picture Alliance in which investors are invited to visit the set whilst filming, to meet the cast and crew, and investors are even given the option to appear on camera themselves as extras.

Types of Tax reliefs through the EIS scheme:

1. Income Tax Relief
2. Capital Gains Tax Exemption
3. Captial Gains Tax Deferral
4. Loss Relief
5. Inheritance Tax Relief

How will you benefit:

Eligible Investors should be able to benefit from various EIS tax reliefs as follows:

How much tax therefore can I potencially save/defer when I invest?

Eligible investors may be able to combine the above reliefs so as to achieve initial offset of 60p in the £1.
Examples (b) and (c) are calculated on the assumption that you would otherwise pay tax at 40% on the chargeable gain.

Eligible Investors should be able to benefit from various EIS tax reliefs as follows:

Also bear in mind that there is an annual limit of £200,000 per individual in each tax year. As a couple the limit is therefore £400,000 (However,there is no such limit on CGT Deferral Relief).

Selling your shares on a film project after 3 years at profit
You will not have to pay tax at all on any profits made from the sale of your Shares if you sell them after three years.

Loss of Investment
EIS Loss relief effectively limits the downside to 48% of the original investment. (Calculation assumes higher rate of tax)

The investment proposals featured on this website may not be suitable for some investors and/or appropriate for their personal circumstances. EIS Investment is a specialised area of UK taxation and you should obtain the correct advice. You should contact an Accountant orIndependent Financial Adviser who is experienced in this field. Click on this link to find an IFA near to you www.ukifadirectory.co.uk

Please contact us for further information on investments at investment@mpalliance.org