United Kingdom · Question · Written question
UIN 148734
Social Enterprises: Tax Allowances
Introduced
3 February 2021
Last action
12 February 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
12 February 2021
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the evidence from HMRC that a rise in the number of Social Investment Tax Relief investments during 2018-19 may be due to increased awareness of SI
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Timeline
3 February 2021
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the evidence from HMRC that a rise in the number of Social Investment Tax Relief investments during 2018-19 may be due to increased awareness of SI
Source: Commons
12 February 2021
Answer
The Social Investment Tax Relief (SITR) was introduced in 2014 to incentivise risk finance investments in qualifying social enterprises and charities. HMRC statistics show that up to 2018-19, about 110 enterprises have used the scheme to raise £11.2 milli...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-02-03/148734
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1283530
- uk · wq-1283530 · source updated 12 February 2021