answer text |
<p>The Government is in ongoing discussions with the European Commission on the expansion
of the Social Investment Tax Relief (SITR). Discussions relating to State aid applications
are confidential and the Government is therefore not able to provide any more detail
at this stage.</p><p> </p><p> </p><p> </p><p>Budget 2015 announced that there will
be a transition period of six months following the confirmation of State aid approval
for the expansion of SITR before eligibility for the Enterprise Investment Scheme,
Seed Enterprise Investment Scheme and Venture Capital Trust Scheme is withdrawn for
community energy organisations benefiting from subsidies for the generation of renewable
energy.</p><p> </p>
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