South Bristol Sports Centre is a charity created to serve and provide facilities for the local community. We pride ourselves on being able to provide activities and facilities which cater for a wide range of public need.
The increase in the amount that younger charities and social enterprises can raise through Social Investment Tax Relief (SITR) to £1.5 million, announced in the Autumn Statement, is encouraging says Big Society Capital.
This week marks the second anniversary of the creation of Social Investment Tax Relief. Perhaps not an anniversary I ever saw myself marking in my diary. I have surprised myself at how captivating I have found this tax relief to be.
This paper provides a review of the use of Social Investment Tax Relief (SITR) on its two year anniversary. It includes an analysis of the SITR deals completed to date and the views of key stakeholders in this area. NPC has written this report in partnership with Big Society Capital (BSC).
Charities and social enterprises have received £3.4m in two years thanks to Social Investment Tax Relief (SITR) recently introduced by the Treasury, according to research conducted by think tank NPC for Big Society Capital.
In the wake of so much negative press around tax dodges, how delightful to see this week’s announcement from South Bristol Sports Centre on the launch of their £1million sports scheme, £250k of which was raised using Social Investment Tax Relief.
Many ex-offenders are reconvicted within one year of release. There is plenty of research to say that many prisoners think having a job is a vital part of keeping them out of prison. The problem is finding employment on release can be difficult, particularly for those who were unemployed before they were convicted.
Location: Big Society Capital’s offices, 8 -10 Fetter Lane, New Fetter Place, London EC4A 1AZ
In partnership with Intelligent Partnership (IP), we hosted a roundtable on social investment tax relief (SITR) with a range of mainstream tax efficient managers, social investors, HMRC and other interested parties.
We are key sponsors of the Worthstone Social Investment Academy, a leading forum for independent financial advisers who are incorporating social impact investment advice within the financial planning process.
The Chancellor of the Exchequer today announced in the Autumn Statement that the Government is proposing to increase the investment limit of Social Investment Tax Relief (SITR) to £5 million and extend its scope by consulting on the introduction of Social Venture Capital Trusts.
Big Society Capital welcomes the Government's commitment to establish a social investment tax relief. We believe it is an extremely timely intiative with the potential to transform the social investment market.