Released 23 March 2021
HM Treasury (HMT) has published a summary of responses relating to its consultation on Social Investment Tax relief (SITR).
At Budget 2021, the Government announced that SITR will be extended for two years, in order to continue supporting investment to social enterprises in most need of growth capital. The evidence gathered in this consultation has helped inform that decision.
To date, around 110 social enterprises have raised £11.2 million through SITR.
View the summary of responses.