A social entrepreneur, Dr Syed Nayyer Abidi of Manchester, calling on PM & all politicians to free social enterprises from paying tax on their profits, if they promise to use the cash for future community use. Dr Abidi, founder director of a social entreprise in Health & Social care, CHIEF, raised questions over the fairness of forcing social enterprises to pay tax (CT) on profits that tax will cut down their ability to deliver social benefits. Although tax can be avoided through setting up a charity, this brings with it added costs, management issues and extra hassle.
If you agree with me, please click over the this hyperlink: http://petitions.number10.gov.uk/taxfreeprofits/
and sign the e-petition. Thank you.
Dr Syed Abidi