Social Enterprises: Tax Allowances
(asked on 23rd October 2018) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the cost to the public purse has been of Social Investment Tax Relief in each year since 2013.
This question was answered on 26th October 2018
HMRC publishes annual statistics on funds raised through the Social Investment Tax Relief (SITR) scheme. The latest release is on GOV.UK at
From the introduction of SITR in 2014-15, up to 2016-17, the annual costs of the relief are estimated to have been less than £5 million per year. Data for 2017-18 onwards are not yet available.