SolvedCITM1030 | CITR Scheme: Legislation
From HM Revenue & Customs · Community investment tax relief manual
| Part 7 Corporation Tax Act 2010 (CTA) | Provisions relating to the entitlement and claims to Corporation Tax relief for corporate investors |
|---|---|
| Part 7 (Community Investment Tax Relief) to Income Tax Act 2007 (ITA) | Provisions relating to the accreditation of Community Development Finance Institutions (CDFIs) and entitlement and claims to Income Tax relief for individual investors |
| Sections 151BB & 151BC of Taxation of Chargeable Gains Act 1992 (TCGA92) | Provisions relating to the treatment, for capital gains purposes, of rights issues, reconstructions etc involving share or debentures to which CITR is attributable |
| The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003 (SI2003/96) | Criteria relating to the accreditation of CDFIs. Amended by SI2008/383 with effect from 11 March 2008 |
| The Finance Act 2002, Section 57(3) & (4)(a), (Appointed Day) Order 2003 (SI2003/88) | FA02/Sch16 came into force an appointed day. That day, 23 January 2003, is specified in SI2003/88 |
| The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2008 (SI2008/383) | Amends SI2003/96 with effect from 11 March 2008 |
| The Alternative Finance Arrangements (Community Investment Tax Relief) Order 2008 (SI2008/1821) | Inserts FA05/s54A with effect from 10 July 2008. Effect is to treat certain alternative finance arrangements as if they were loans for the purposes of CITR |
| The Community Investment Tax Relief (Amendment of Investment Limits) Regulations 2023 (SI2023/518) | Amends SI2003/96 and ITA 07 and CTA 10 with effect from 2 June 2023 to increase the limits on the amounts that accredited CDFIs can raise, and on which their investors can claim Community Investment Tax Relief, and, to increase the limits on the amounts that CDFIs can lend to businesses and enterprises. |