§ 26. Mr. KirkwoodTo ask the Chancellor of the Exchequer if he will introduce tax incentives to promote further corporate involvement in tackling social exclusion. [145818]
§ Dawn PrimaroloThe Government believe that the best approach to tackling social exclusion brings the private, voluntary and community sectors and Government together. And business has a key role to play within this partnership—a role which we have encouraged through, for example, the introduction of new tax reliefs on corporate charitable giving, which formed part of the wider "Getting Britain Giving" package introduced in Budget 2000.
706WFurthermore, as the Chancellor set out in his pre-Budget report in November, the Government welcome and endorse the recommendations of the Social Investment Taskforce Report regarding supporting the growth of Community Development Financial Institutions (CDFIs) and introducing a Community Investment Tax Credit to encourage private investment in under-invested communities.