Uptake of the UK’s Social Investment Tax Relief has been disappointingly low, thanks to poor design, delays and lack of awareness, according to new research – but it’s not a lost cause.
It's now 18 months since Social Investment Tax Relief was introduced in the UK. What has been the impact? Where are we at in terms of dealflow? Melanie Mills from Big Society Capital provides a helpful overview.
... Social Investment Tax Relief that is. When social entrepreneur Matt Fountain needed investment, he gave social finance organisations a miss and used his network, using SITR as an incentive.