We've not seen a lot of take-up for Social Investment Tax Relief. In theory, it could help fund community projects while giving tax breaks to the "investors". Perhaps it's going to become more significant.
The shrinking state: should investors fill the gap? Generous tax breaks for social investment granted in last years’ Budget provoked much interest from philanthropic-minded investors, though there has been a limited take up. This could change later in the current tax year. A huge increase is anticipated to investment limits, which is expected to galvanise interest in the sector.