Community Investment Tax Relief (CITR)

exploring opportunities for impact investors and professional advisors

Community Investment Tax Relief (CITR)

Event details
Location and contact details for this event.
Event type: 
Webinar
Date: 
12 May 2021 - 4:00pm to 5:00pm
Venue address: 
WEBINAR
Organisation: 
Philanthropy Impact
Telephone: 
07480894463
 
 
 
 
 
Are professional advisors to (U) HNWI prepared for the various forms of social impact investing? What more can be done to harness the investment opportunities available? How can this
help your clients to live their values and achieve their ambitions?
 
The Community Investment Tax Relief (CITR) is a tax incentive that encourages investment in under-served communities by giving tax relief to corporate and individual investors who invest in accredited CDFIs. In turn, CDFIs make loans to enterprises that operate within or for disadvantaged communities. Over the past five years the UK’s CDFIs have lent over £1 billion to almost 40,000 borrowers to help create, sustain and grow enterprise in the UK. Like Social Investment Tax Relief (SITR), CITR could be extremely attractive for investors and advisors, and represent a new tool in enabling the sector to raise finance to correct the market failure in SME and social enterprise access to finance.
 
Join us to learn more and explore new trends towards responsible investment.
 

CPD   60 minutes (1 hour) self-certified CPD points

Chair: Rennie Hoare, Partner and Head of Philanthropy, C. Hoare & Co.

Panel: James Broderick, Director, Impact Investing Institute; Steve Deakin, CEO, BCRS Business Loans; Rosemary Macdonald, CEO, UK Community Foundations; Dominic Wade, Chief Financial Officer, Unity Trust Bank plc.

In collaboration with

 

About Responsible Finance 

Responsible Finance is the UK trade association for Community Development Finance Institutions (CDFIs). Our members are not-for-profit lending organisations with a social purpose. They make loans to viable Small and Medium Sized businesses (SMEs) and social enterprises in under-invested areas, who cannot access finance from mainstream lenders like banks. In doing so they have tangible social impact by addressing the market failure in access to finance and building thriving communities across the UK.

Download the PDF invitation.

Event registration
Event cost: 
Free for members - Non members £30/£40
Registration: 
registration@philanthropy-impact.org