New measure means that a certain amount of income from interest in a year will be tax free. For lower-rate taxpayers that will be £1000
Community share interest tax-free?
Posts Categorized: News
Progress in Ludlow and new projects for 2016
We have a full roster of new projects which are nearly ready to go and are planning share offers in May. Meanwhile existing projects are making excellent progress.
700 new members in 2 months
We’re delighted to say that community energy projects we have been working with have added 700 members in the last 2 months from all across the UK.
Join our team
We are looking for an experienced and qualified accountant to join our team in Shrewsbury on a part-time basis (3 days/week).
Share offer closing dates moved forward
The treasury have announced that Social Investment Tax Relief will not replace Enterprise Investment Scheme for community energy projects with almost immediate effect. This means that members of community energy projects will be ineligible for the tax reliefs of SEIS, EIS and SITR for shares issued from November 30th 2015 (where projects are also… Read more »
Heartland turbines complete
Battling against wind and snow, Heartland’s fabulous installation team have managed to get both turbines up on the site in mid-Scotland.
Share offers with tax relief – last few days
With days to go before tax relief is removed for shares in community energy projects, there are still shares available in several projects, with EIS and SEIS reliefs available.
Tax relief changes- projects need your support
The treasury have announced the removal of Enterprise Investment Scheme tax relief for community energy projects with almost immediate effect – and will not be replacing it with Social Investment Tax Relief, as promised. This means that members of community energy projects will be ineligible for the tax reliefs of SEIS, EIS and SITR for shares issued… Read more »
New share offers
In defiance of the bad news over Feed-in Tariffs, there are some great new share offers launching this month from Societies who have managed to pre-accredit their projects. We’ve been proud to support Nadder Community Energy who are installing over 400kW of solar in Wiltshire, and news will be coming soon of share offers from Carmarthenshire Energy and… Read more »
Information for new projects – registering for FiTs
Sharenergy have written a brief guide for people developing new projects which may be impacted by some forthcoming government changes. This practical guide is aimed at supporting groups with the process and time-scales involved in getting your project on the relevant Ofgem systems for pre-accreditation and pre-registration. It has been completed to supplement rather than… Read more »