Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much Social Investment Tax Relief was claimed by investors of Social Impact Bonds in each successive tax year since that relief was introduced.
Tax Year | Amount raised by SITR enterprises (£ million) |
2014-15 | 0.5 |
2015-16 | 2.3 |
2016-17 | 2.5 |
2017-18 | 2.5 |
2018-19 [p] | 4.7 |
2019-20 [p] | 3.3 |
Total | 15.8 |
HMRC’s National Statistics on SITR can be found at the following link: https://www.gov.uk/government/statistics/enterprise-investment-scheme-seed-enterprise-investment-scheme-and-social-investment-tax-relief-may-2021