Tax reliefs and how to maximize your clients social impact

Thanks to the growth of interest around social impact investment from Generation X and millennials it is important for advisers to be informed about these opportunities. During the event we will discuss SITR (Social Investment Tax Relief) as a part of tax relief available for social investors.

Tax reliefs and how to maximize your clients social impact

Event details
Location and contact details for this event.
Event type: 
Roundtable
Date: 
7 Nov 2018 - 5:00pm to 8:00pm
Venue address: 
Bates Wells Braithwaite 10 Queen Street Place, London EC4R 1BE
Organisation: 
Philanthropy Impact
Telephone: 
02074077879
There is a growing interest among the mass affluent and HNWI in impact investing, influenced in large by Generation X, millennials and women of wealth. These social investors are driven by values, impact and measuring ROI. One example of a tax relief available to them is the Social Investment Tax Relief (SITR).
 
SITR is a relatively new tax relief for private investors. It works in a similar way to the Enterprise Investment Scheme (EIS). It reduces the investor’s income tax bill on loans that they provide to charities, CICs or community benefit societies or shares they buy in Community Interest Companies (CICs). With the growth of social impact investing, SITR has an important role in bringing more capital into the social impact sector.
This event will discuss SITR as part of a continuum of tax reliefs available to social investors. Panel members (actors in the social impact investment space, investors, their wealth advisers, SITR fund managers and social entrepreneurs) will explore the benefits of SITR compared to other available tax reliefs. Issues outlined in the Corley report will be addressed such as the need to improve the deal flow, building the competence of the financial services industry, and the need for better reporting of non-financial issues.
 
Panelist will explore the impact the SITR has already had on organisations that needed to raised money and how it's impacted individuals these organisations touch. They will also explore issues, restrictions and solutions to these from the investor’s and the investee’s perspectives.
 
Chair: Cliff Prior, CEO, Big Society Capital
 
Panel: Jamie Broderick, SITR investor; James Dickens, Director & Chartered Financial Planner; Grierson Dickens; Dawn Muspratt, Co-Founder & CEO, Our Power; Grace England, Investment Manager, Resonance.
 

          Philanthropy Impact would like to thank Bates Wells Braithwaite for generously hosting this event.

Event registration
Event cost: 
This roundtable is free for members, £60/£80 for non-members
Registration: 
registration@philanthropy-impact.org
Suitable for: 
Professional advisers, philanthropists, social investors, trusts and foundations