Enterprise Investment Scheme

(asked on 13th February 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether community benefit societies are eligible for the enterprise investment scheme.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 22nd February 2019

Community Benefit Societies are eligible to receive investments under the Enterprise Investment Scheme (EIS), subject to meeting all the EIS rules. The rules include a requirement for the company to trade commercially with a view to profit, including where the company intends to use its profits to benefit the community.

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