Government to offer regeneration incentives
Series: Financial Times ; 17-18 March 2001, 12(3)Publication details: 2001Subject(s): Summary: A Treasury consultation paper has unveiled some of the proposed government incentives for entrepreneurs investing in run-down neighbourhoods. The proposals include Community Investment Vehicles (CIVs), which could enjoy tax breaks of up to 25% over five years, as well the measures on stamp duty, VAT and capital allowances announced in the budget. The first CIVs, similar to Enterprise Zone Trusts, will be launched in 2003. Copies of the consultation paper, "A tax incentive for community investment", are available from the Treasury, Email: [email protected].| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3712-35 (Browse shelf(Opens below)) | 1 | Available | 111511-1001 |
A Treasury consultation paper has unveiled some of the proposed government incentives for entrepreneurs investing in run-down neighbourhoods. The proposals include Community Investment Vehicles (CIVs), which could enjoy tax breaks of up to 25% over five years, as well the measures on stamp duty, VAT and capital allowances announced in the budget. The first CIVs, similar to Enterprise Zone Trusts, will be launched in 2003. Copies of the consultation paper, "A tax incentive for community investment", are available from the Treasury, Email: [email protected].