News • Sustainable Farming Campaign
Good news on Investment for community based farming
We have been informed that the government has agreed to extend the Social Investment Tax Relief (SITR) to small-scale community farms and horticultural activities.
There is some good news - we have been informed that the government has agreed to extend the Social Investment Tax Relief (SITR) to small-scale community farms and horticultural activities.
This was after responses by us and others to their recent consultation. This is a potentially hugely useful boost for small scale sustainable producers who could attract vital investments. Do note, the three qualifying structures for SITR are Community Benefit Societies, Community Interest Companies and Charities. We now need to ensure they set the size threshold as high as possible as not all small scale community farming is automatically small in hectares!.
Published Tuesday 9 December 2014
Sustainable Farming Campaign: Sustain encourages integration of sustainable food and farming into local, regional and national government policies.
