Financial Liverpool April 2017 - Social Stock Exchange / Social Investment Tax Relief | Chartered Insurance Institute | 28 April 2017 | London, United Kingdom

Social Investment Tax Relief (SITR) is a tax break for trading charities and social enterprises. The speakers will explain how SITR works in practice and introduce Social Stock Exchange (SSX), explaining how to invest in local, impactful projects and business using the SITR allowance.
The target audience will be financial planners, paraplanners, investment professionals, accountants and legal professionals.

The detail

SITR is the government's tax relief for social investment which encourages individuals to support charities and social enterprises accessing new sources of repayable finance. Individuals receive tax breaks when investing into an eligible organisation.

The January 2017 HMRC Policy paper “Income Tax: enlarging Social Investment Tax Relief” proposes a number of changes to SITR to apply to investments made on or after 6 April 2017. These include an increase in the amount of money newer social enterprises may raise from individual investors under the scheme, restricting some of the activities, and provisions designed to better target the scheme on higher risk activities and deter abuse.

The Liverpool and Wirral SSX aims to provide access to the world’s first regulated exchange dedicated to businesses and investors seeking to achieve a positive social and environmental impact through their activities, making change happen in the North West.

Speakers for 2017

Lesley Beattie,
Director of Liverpool & Wirral SSX

Peter Taaffe,
Managing Partner of BWMacfarlane Chartered Accountants