HMRC provisional approval for sustainable investment tax relief for investors

We are delighted to announce that our community project has secured provisional approval from HMRC for sustainable investment tax relief. This means that, private investors will be entitled to tax relief of 30% of the amount of their investment in this share offer. There are rules over the timing of any rebate and conditions apply. Further details are provided in the Share Offer document.

Neil Truphet of Amberley Shop on the Common said “This is great news which will provide enormous incentive to investors who want to become members of the society and I am grateful to  treasurer Sarah Goodwin and our membership secretary Helen Demuth for doing the research and making the application”