The Tax Relief for Social Investments (Accreditation of Social Impact Contractor) Regulations 2014
Schedule 11 to the Finance Act 2014 inserted a new Part 5B into the Income Tax Act 2007 which provides for a tax relief (social investment tax relief) for investments made by individuals in social enterprises, which include companies which are accredited as social impact contractors. These Regulations make provision for the accreditation of such social impact contractors.