Social Investment Tax Relief (SITR)

20 July 2022 / Insight posted in Practical guides

The Social Investment Tax Relief (SITR) is designed to support social enterprises seeking external finance by offering a range of tax reliefs to individual investors who invest in new shares, or new qualifying debt investments in those social enterprises. SITR applies for investments made on or after 6 April 2014. It was due to expire on 5 April 2021 but at Budget 2021 it was announced that it will be extended for two years until 5 April 2023.

Find out more in our Social Investment Tax Relief guide, or contact us directly.