This section is used to enter investments for which Social Investment Tax Relief (SITR) can be claimed.
Social Investment Tax Relief can be claimed on the purchase of qualifying shares or investments in:
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a social enterprise such as a community interest company
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a community benefit society
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a charity
SITR cannot be claimed if another relief has already been claimed for the investment, such as:
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Enterprise Investment Scheme
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Seed Enterprise Investment Scheme
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Community Investment Tax Relief Scheme
Relief is available at 30% of the amount invested, up to a maximum annual investment of £1,000,000.
Refer to the HMRC Tax return for Self Assessment guidance if needed (opens in a new tab).
- Go to Clients > Client List and find the required client.
- On the Self assessment returns widget on the client dashboard, select the required return. The Status tab is shown by default.
- Select the Data input tab, then select Add new section.
Any previously added sections are crossed through. Once added, the section can be edited by selecting its name.
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On Choose a section to add, select the Reliefs tab.
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Under Investment reliefs, select Social Investment tax relief.
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For each item, enter the following, then select Save changes.
A new line is automatically added. Unwanted lines can be deleted using the bin icon.
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Description of investment – enter a description of the investment.
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Date invested – enter the date of the investment. (added from 2022)
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Unique Investment Reference – enter the Unique Investment Reference. This would be shown on documentation provided at the time of the investment. (added from 2022)
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Amount invested – enter the amount invested.
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Amount on which relief claimed – enter the amount on which tax relief is being claimed. (added from 2022)