The short version: Social Investment Tax Relief (SITR) rewards you for investing in social enterprises and charities. You get tax breaks while supporting organisations that make a positive difference.
What relief do you get?
30% Income Tax relief on your investment. No CGT on profits from shares (loans don’t qualify for CGT relief). Loss relief if things go wrong. Potential IHT exemption if you hold shares long enough.
What qualifies?
The organisation must be an approved social enterprise, charity, or community interest company. Not all social investments qualify, so check before investing.
How do you claim?
The organisation gives you a certificate. You claim the relief through Self Assessment. Keep the certificate as evidence.
Interested in social investment? We can explain how the tax relief works.
