Social Investment Tax Relief (SITR) has been extended until 2023. SITR has huge potential to make transformational change for charities and social enterprises across the UK.

Levelling the playing field social enterprises and charities to access finance

Unlike more commercial businesses, many social enterprises and charities cannot access schemes such as the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) to help them raise patient, more affordable and risk-baring capital. Social Investment Tax Relief (SITR) was designed to help level the playing field by encouraging people to invest into social enterprises and charities by offsetting the risk to investors.

However, there is a danger the relief may be retired by the Government. This is why 33 organisations across social enterprise and social investment have come together to urge the Government to extend the lifetime of SITR.

What is Social Investment Tax Relief?
Charities & social enterprises

Charities & social enterprises

For eligible social enterprises, charities and community businesses, SITR can be used to raise patient and flexible capital to support your trading activities. Find out if you're eligible and how it works.

 
information

Professional advisers

If you're an adviser to charities and social enterprises, SITR may enable the organisations you work with to raise investment in a more cost-effective way. Find information & resources to help you support them.

 
For investors

Investors

SITR enables more people to invest in line with their values. Individual investors can receive a 30% tax break on SITR investments. Find out how it works and how it compares to other tax reliefs.

 
What type of capital can SITR raise?
Unsecured
Unsecured
loan or equity
Negotiate terms
Flexible
Negotiate terms acceptable with your investors
Calendar
Patient
Window of 3 years and 1 day before repayments start on the capital borrowed
Umbrella
Risk is offset
Cost of finance subsidised with a 30% tax relief for investors
How does SITR work?
News, blogs and events
Save Social Investment Tax Relief
SAVE SOCIAL INVESTMENT TAX RELIEF

The next five weeks are the most crucial in our on-going campaign to save Social Investment Tax Relief (SITR). Many brilliant organisations across the UK have used SITR to raise vital investment that is channelled into creating positive impact for local communities.