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SITR expansion, draft legislation issued

By Philip Hare
30 January 2017

The government has published the Finance Bill 2017 clauses for the proposed expansion of the Social Investment Tax Relief (SITR). This was trailed at the Autumn Statement in November, and our note of the proposals can be found here.

Whilst the SITR is being expanded, some restrictions are also being brought in, principally in order to comply with EU State aid obligations.

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