Advice on community share offers

A new online tool aims to help groups successfully navigate their way to a community share launch, from just an initial idea or on the verge of issuing an offer. Produced by the Community Shares Unit with Community Shares Scotland, the tool will generate a bespoke report that highlights key areas of action. See Community Shares Step by Step.

The Community Shares Unit has also published a briefing note on the implications of rule changes to the Enterprise Investment Scheme and Seed Enterprise Investment Scheme tax reliefs announced as part of the Summer Finance Bill. » Continue reading news item ... “Advice on community share offers”

Converting a charity to issue community shares

According to an article from community sector support body Locality, The Hastings Pier Charity (http://www.hpcharity.co.uk) is the first example of a registered charity which has converted to a Community Benefit Society while at the same time retaining exempt charity status. This allowed it to issue community shares.

Locality, Co-ops UK and the Community Shares Unit are now working with the regulators to improve what was a tortuous process, so others may benefit. » Continue reading news item ... “Converting a charity to issue community shares”