CFG’s response to the social investment tax relief consultation: acceleration of “a great force for social change on our planet” or a missed opportunity?

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September 5, 2013 at 09:30

Why the social investment tax relief is potentially good news for charities… With the usual caveat firmly in place, that social investment is never likely to be appropriate for all (probably most) of the organisations in our sector, the concept of a tax relief for investment into social enterprises sounds great – five easy steps to a win-win-win situation: Step 1: As a keen supporter of charities I hear about social investment, and decide to discuss it with my financial advisor. Step 2: They tell me they don’t know much about social investment, but the limited options available seem quite […]

It takes two to tango with the social investment tax relief

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July 10, 2013 at 12:26

With social investment recently hailed by the prime minster as ‘a great force for social change on the planet’ you’d be forgiven for thinking there was rather more of it going on. Nonetheless, the deals do appear to be slowly catching up with the rhetoric – recent research suggests that social investment was up 22% to £202m in 2011/12, and several early guinea pigs have shown signs of success – reoffending is down at Peterborough Prison and Mencap’s £10m bond recently sold out sooner than anticipated. Following the launch of Big Society Capital, the Social Stock Exchange and Social Impact […]