Why contribute in the future of coastal defence?
The way funding is obtained for coastal flood and erosion risk management is changing and schemes can now rarely attract 100% funding. Any shortfall in funding must be raised via increasingly creative means and we are always on the look out for businesses, individuals and groups who wish to support our efforts to protect their community from the increasing risks posed by flooding now and in the future. A contribution to defences and the reduction of risk even now could lead to significant benefits.
The benefits to you, your business and the community:
Reducing flood risk can make the area you live in a more attractive location for both individuals and private investors. It can lead to increased property value and protect your investment into the future.
How can you get involved in the future of flood defence in the partnership area?
We are looking to progress schemes across the Partnership area and would like to hear from you if you have an interest or feel you could contribute to the future of flood risk management in your area.
Types of Contribution
Contributions to any scheme on the coast do not just need to be financial. Sharing of knowledge, expertise, materials or facilities can also be counted and the savings added to our 'contributions bank', where we look to make up for shortfalls in funding. Should you be able to contribute, we will provide a credit within any publications on the scheme.
For businesses who contribute towards flood and coastal erosion risk management projects.
From 1st January 2015, some business contributions to Flood and Coastal Erosion Risk Management (FCERM) projects are tax deductible.
The deduction will be available to incorporated businesses (companies) and unincorporated businesses (partnerships, sole traders, etc). The measure ensures that when a business invests in a partnership funding scheme, it can deduct its contribution from its taxable profits for corporation tax purposes (if it is incorporated) or income tax purposes (if unincorporated). This effectively reduces the tax the business pays.
The deduction will also apply to contributions of services, so if a business donates labour to an FCERM scheme the cost of the labour would be deductible.
Where to go for more information
Contributions summary leaflet available by clicking the image below.
If you are interested in contributing towards flood defence schemes or strategies we would be pleased to hear from you. We are taking forward a range of projects across the Fareham, Gosport, Havant and Portsmouth coastlines and your contribution could make a significant difference. For more information please email us at email@example.com. You can also like us on Facebook or follow us on Twitter, @EasternSolentCP, for further updates on our projects.
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