Social Investment Tax Relief statistics
Latest HMRC statistics on Social Investment Tax Relief indicate:
- In 2015-16, 25 social enterprises received investment through the Social Investment
Tax Relief (SITR) scheme and £2.3 million of funds were raised. - Since SITR was launched in 2014-15, up to 2015-16, 25 social enterprises have raised
funds of £2.8 million through the scheme. - Since 2014-15, 260 SITR advance assurance request (AAR) applications have been
received. In 2016-17 there were 170 applications, of which 120 (69%) were approved.