Collection

Social investment tax relief

This collection provides information on tax relief that may be available for people who invest in social enterprises, including charities.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

• From: Cabinet Office
• Published: 8 September 2014
• Last updated: 18 March 2015 — See all updates

If you make a qualifying investment in a social enterprise, including a charity, Social Investment Tax Relief (SITR) can:

• give you a reduction of 30% of that investment in your income tax bill for that year
• let you defer a Capital Gains Tax charge if you reinvest the profits into a social enterprise
• after 3 years, let you sell or give away SITR-qualifying investments that have gained in value without paying Capital Gains Tax.

Video: guide to Social Investment Tax Relief

Read the HM Revenue & Customs guidance.

The 30% rate is the same rate as the Enterprise Investment Scheme and Venture Capital Trust investments. Read more about social investment tax relief policy.

See other social investment publications.

Documents

• Social investment tax relief: Budget 2015 announcements
  • 18 March 2015
  • Policy paper
• Social investment tax relief: enlarging the scheme
  • 10 December 2014
  • Consultation outcome
• Social investment roadmap
  • 30 January 2014
  • Guidance
• Finance Bill 2014: legislation, explanatory notes and guidance
  • 27 March 2014
  • Policy paper
• Consultation on social investment tax relief
  • 10 December 2013
  • Consultation outcome

Published 8 September 2014
Last updated 18 March 2015 + show all updates

1. 18 March 2015

   Added information on Budget 2015 announcements.

2. 19 November 2014

   Added guidance on accreditation for contractors and video guide to SITR.

3. 8 September 2014

   First published.