Question follow-through · 23330

Community Interest Companies

To ask the Secretary of State for Business and Trade, whether his Department plans to allow not-for-profit Community Interest Companies to receive the associated advantages of non-profit organisations.

answeredDepartment for Business and Trade

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Department for Business and Trade
Tabled
13 Jan 2025
Target answer date
20 Jan 2025
Answer
20 Jan 2025 · 7 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Votes on this topic

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Recorded timeline

  1. 13 Jan 2025

    Question tabled

    To ask the Secretary of State for Business and Trade, whether his Department plans to allow not-for-profit Community Interest Companies to receive the associated advantages of non-profit organisations.

  2. 20 Jan 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 20 Jan 2025

    Answer published

    While Community Interest Companies (CICs) must satisfy the Regulator that their primary purpose is to benefit a community, they can still generate profit, albeit with restrictions on profit distribution and as long as profits are primarily used to benefit...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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