Renewable Energy: Tax Allowances
(asked on 13th November 2015) - View Source
Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, whether his Department was consulted by HM Treasury before the Government announced its intention to exclude subsidised renewable energy generation by community energy organisations from eligibility for social investment tax relief.
This question was answered on 23rd November 2015
The Government is committed to helping social enterprises access finance as part of its drive to build a bigger, stronger society. This is why we developed the world’s first Social Investment Tax Relief. Cabinet Office continues to work closely with HM Treasury, the relevant social regulators and social investment market champions like Big Society Capital to ensure that this tax relief achieves its policy goals in a way that is fair and provides value for money to taxpayers.
The Government is committed to helping social enterprises access finance as part of its drive to build a bigger, stronger society. This is why we developed the world’s first Social Investment Tax Relief. Cabinet Office continues to work closely with HM Treasury, the relevant social regulators and social investment market champions like Big Society Capital to ensure that this tax relief achieves its policy goals in a way that is fair and provides value for money to taxpayers.