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.