Lights, Camera.... Take Action by tomorrow May 11th and you could avail of a Low Risk Tax Saving Film Investment worth up to €3,900 to you with Quintas

Lights, Camera.... Take Action by tomorrow May 11th and you could avail of a Low Risk Tax Saving Film Investment worth up to €3,900 to you with Quintas

10 May 2010

Quintas, one of Ireland's leading independent Accountancy, Taxation and Financial Services Groups 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. This investment opportunity is just one of the many interesting products yielding fantastic results for clients of Quintas Wealth Management, a division of Quintas which was established in 2005.

Quintas Wealth Management has garnered a reputation for its innovative and client-centred approach to wealth management. It has sourced, structured and accumulated assets on behalf of its clients in excess of €250 million. These investments are spread both geographically across continents and sectors to include real estate, private equity and renewable energy projects. T

he Closing Date for this opportunity is Tuesday 11th May 2010. For more information see www.quintas.ie email jmccarthy@quintas.ie or call 353 (0)21 4641400. You may also email soneill@quintas.ie if you would like to be added to the ezine for future information on investment products.