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HM Treasury has launched a consultation on the expansion of social investment tax relief and a new relief for social investment via an intermediary.
The plans aim to gather views on how to increase the investment limit and bring in a wider range of investors while keeping the relief well targeted and effective and minimising opportunities for tax avoidance. The consultation document also requests opinions on the approach to community farms, renewable energy and social impact bonds.
HM Treasury has launched a consultation on the expansion of social investment tax relief and a new relief for social investment via an intermediary.
The plans aim to gather views on how to increase the investment limit and bring in a wider range of investors while keeping the relief well targeted and effective and minimising opportunities for tax avoidance. The consultation document also requests opinions on the approach to community farms, renewable energy and social impact bonds.
Comments should be sent by email no later than18 September 2014. General information about the social investment scheme is available from the HMRC website.
