Bankers pin hopes on TV tax plan

Investment bankers hoping to shield their huge bonuses from the taxman are being offered the chance to invest in a new scheme financing UK television productions.

Teather and Greenwood has launched Take 2 Television Production Partnerships which have been structured to provide income tax relief at 40% - as well as capital gains tax (CGT) relief where an investor's income tax liability has been fully extinguished.

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