"These reforms will ensure that UK companies, especially small and medium-sized enterprises, can compete on a level playing field with those larger companies with the resources to set up operations in the Channel Islands, " said David Gauke, Exchequer Secretary to the Treasury.

BBC: Treasury to close loophole that allows VAT-free DVDs

Consult with large and small enterprises looking to develop more ambitious strategies, especially where there are opportunities to help them incorporate more social good into their corporate social responsibility efforts.

FORBES: Note To Social Entrepreneurs: How Can I Help?