PRESS RELEASE – 23rd November 2016 London: Philip Hammond announced the expansion of the Social Investment Tax Relief (SITR) scheme during his first Autumn Statement today. Plans have now been made to increase investments into an SITR-qualifying social enterprise to £1.5m. News of the expansion is a long-awaited and welcome addition to the social investment market, […]
Approximately £3.4mn has been invested in charities and social enterprises via Social Investment Tax Relief (SITR), a new report published by NPC for Big Society Capital has revealed. SITR has been on offer since April 2014 and allows individual investors 30% tax relief on loans or equity investment made into social enterprises and charities. IFA […]
We got in touch with Michael Smith from Chamberlyns to ask him about his experience on advising clients on SITR. Hear what he had to say: – For a look at SITR’s 2 year track record, read our blog – click here.
Market Update: 3 ways that Worthstone is having an impact in the social investment sector 1. PRESS RELEASE: London and Belfast planners back sustainable investment hub 2. VIDEO: Hear one of our Founder Partners – Chris Holmes (Almus Wealth) – talk about social impact investing 3. READ: How SITR and SIBs are opening up opportunities for IFAs to make a […]
Please click here to download the report as a pdf. This report is designed to document Worthstone’s impact following the March 2016 Social Investment Academy. Our vision is to see social impact investment established as an integral part of the financial planning process for individual investors in the UK and this event is the largest gathering […]
What are some of the key figures in the social investment market saying about the unexpected result of the EU referendum? “the EU Referendum did demonstrate that big questions, built up over many decades, are present in our country….The divides that the referendum has revealed make a strong civil society even more important. We all […]