United Kingdom · Question · Written question
UIN 39487
Social Enterprises: Tax Allowances
Introduced
24 April 2020
Last action
1 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
1 May 2020
Summary
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of extending the operation of social investment tax relief to support social enterprises and charities during and after the covid-19 outbreak.
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Timeline
24 April 2020
Written question
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of extending the operation of social investment tax relief to support social enterprises and charities during and after the covid-19 outbreak.
Source: Commons
1 May 2020
Answer
The Social Investment Tax Relief (SITR) is intended to support risk finance into social enterprises by offering investors a 30% tax relief on their qualifying investment. HMRC figures up to 2017-18 show that around 80 social enterprises have used the sche...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-04-24/39487
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1190241
- uk · wq-1190241 · source updated 1 May 2020