Social Enterprises: Tax Allowances

(asked on 13th March 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to extend social investment tax relief beyond 31 March 2023.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 16th March 2023

As the Chancellor announced in his Spring Budget, the Social Investment Tax Relief (SITR) will be allowed to expire in April 2023. New investments made on or after 6 April 2023 will no longer qualify for income and capital gains tax relief.

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