Social investment tax relief – HMRC have stated:
“As announced at Budget 2013, legislation will be introduced in Finance Bill 2014 to provide a range of income and capital gains tax reliefs, to provide incentives for investment by individuals in qualifying social enterprises. Income tax relief will be available at 30 per cent of the amount invested. These changes will have effect from 6 April 2014. Draft guidance will be published on 27 March 2014.”
Watch this space!