Telling the truth about SME life today

Big Issue chairman: “Social enterprise investors need tax breaks too”

Share on facebook
Share on twitter
Share on linkedin
Share on email

"The government doesn’t reward investors for taking risks in investing in social enterprises," says Kershaw. "We’re missing out."

The Big Issue chairman has thrown down the challenge to the Treasury. "Offering the same tax incentives to investors in social enterprises is the single most important issue for government to be working on if it truly wants to support and grow social enterprises," he says.

"I’m not asking for any special favours. I’m just asking for a level playing field that will let social enterprises prove that we can deliver financial and social returns.”

Kershaw would like the Treasury to make EIS and VCT more readily available for social enterprises.

"A lot of investors say they want to invest in a good business with a social return but their second question often is: ‘what tax breaks can I get?’"Picture source

Trending

Topic

Share on facebook
Share on twitter
Share on linkedin
Share on email

Related Stories

More From

Trending

If you enjoyed this article,
why not join our newsletter?

We promise only quality content, tailored to suit what our readers like to see!