CITM2010 | Accreditation of community development finance institutions (CDFIs): Application for accreditation

ITA/s340

To be eligible for relief under the CITR scheme an investment must be made in a body that is accredited as a CDFI. For background on the role of CDFIs see CITM1010.

The Secretary of State for the Department for Business and Trade (DBT) is responsible for accrediting CDFIs. In practice this function is delegated to the Director of Company Law and Governance at the Department for Business and Trade (DBT) - see ITA/s343.

Applications for accreditation as a CDFI must be made to DBT, from whom further information about the form of the application can be obtained.

Full details on how to apply for accreditation are available on the Gov.UK website (search for “CITR accreditation”).

Applications for accreditation should be sent to:

Department for Business and Trade (DBT)

Community Investment Tax Relief (CITR)

Company Law and Governance

1 Victoria Street

London

SW1H 0NE

Tel: 020 7215 6789

They may be submitted in hard copy to the address above or e-mailed to [email protected]