Website: https://www.getsitr.org.uk/
Social Investment Tax Relief encourages people to invest into social enterprises and charities by offsetting the risk to investors. SITR can be used by eligible social enterprises, charities and community businesses to raise patient, flexible and more affordable capital for their trading activities. It offsets the risk to investors by offering a 30% tax relief on qualifying investments. For the organisation raising the investment, it can provide routes to investment which offer better value and could potentially be less costly than other sources of investment. Scheme open until 2023.
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