Investment

TILE FILMS BES INVESTMENT

We are one of the few production companies in Ireland granted BES (Business Expansion Scheme) status under the Scheme of Relief for Investment in Corporate Trades as set out in Part 16 Taxes Consolidation Act, 1997.

 
Potential investors who are tax resident in Ireland can now obtain full tax relief on their investment up to a maximum of  €150,000 per annum. Married couples can invest up to €300,000 and claim  tax relief at the investors highest rate of income tax

Example

A BES investor can claim full tax relief on his or her investment at their marginal rate of tax .As an example Ms. Jones earns €150,000 and after allowances is liable for income tax on €125,000 of her income. Of this €100,000 is liable at 41%. By making an investment of €100,000 and claiming tax relief for the 2008 tax year she will save €41,000 in tax (€100,000 at 41%) and has an investment of €100,000 with the prospect of capital appreciation on this investment.

RETURNS TO INVESTORS

In the event of the Company achieving its targets and based on an notional market value of  €1.10 per share after five years, the return to a top rate taxpayer who qualifies for BES relief will be 13.6% per annum, compound return, based on the initial net of tax investment. 

Key Statistics for BES Investors

• Price per share                                                             €1.00
• Net cost to investor after 41% tax relief                     € 0.59
• Potential value per share after 5 years                        €1.10
• Annual compound return for 42% taxpayer               13.6%

Potential Investors should note that the above is an illustrative example and not a forecast.

If you are interested in investing in a progressive and creative company give Dave a call on +353(0) 16114646 or e-mail him at dave@tilefilms.ie