UPDATE – Equicap Filmco One, Two and Ten Limited

You may recall that TFO Tax was previously engaged by Baker Street Media to act on their behalf in respect of HM Revenue & Customs’ (HMRC) civil enquiries into investors’ claims for income tax relief.

We acknowledge that it has been some considerable time since our last update. However, given that HMRC chose to escalate their enquiries to a criminal investigation in July 2011 thereby bringing the civil enquiry to a halt, together with the sensitivities surrounding the criminal investigation, we took the decision not to comment further. We trust you appreciate the stance taken.


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