"My understanding of SITR is that it's only for individuals (income tax and capital gains tax) and not available to companies.
The benefits for donating to a CIC are widespread, though, even if not directly financial. You could sort out a…"
thanks for your quick reply after reading both your articles and doing my own research its talking about lending money or buying shares more than products or services. from what I have interpreted corporate companies will still…"
If i was to ask an established commercial company to donate their services or products would they get any benefits for donating to a community interest company because i know they get some sort of tax relief when they donate to a charity but is it the same when they donate their services or products to a community interest company i dont want this to be confused with a cic tax relief i know that we operate as a normal company this is why am a lil confused
"Right, I think a good read through companies house website would really benefit you.
The template articles of association you submitted with your paperwork to become a CIC have all the basic rules as to how the CIC will be governed. Usually the…"
The best thing to do is (dont expect everything to be right first time) list all costs that you anticipate in a 12/24 month period. This is a good place to start: https://www.gov.uk/write-business-plan. Business plan and forecasting…"
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More
"Hi Bakare - we are Communities Insurance Brokers, a fellow CIC - we are happy to give advice and assist with insurance queries. If you would like advice or a quotation please call me - Tim Cooper 07790 598080 - many thanks"
Hi Bakare - we are Communities Insurance Brokers, a fellow CIC - we are happy to give advice and assist with insurance queries. If you would like advice or a quotation please call me - Tim Cooper 07790 598080 - many thanks