Community Amateur Sports Club Scheme

 

Clubs that provide facilities and promote participation in eligible sports can save money by registering as a community amateur sports club (CASC).

 

Sports clubs play a valuable role in their communities. The CASC scheme recognises this important role by distinguishing between clubs and businesses for rates and tax purposes, ensuring money is kept in sports clubs.

 

Both property and non-property owning clubs can significantly benefit from the scheme.

 

The key benefits of casc registration include:

• 80% mandatory business rate relief. Local authorities can offer up to 100% relief to clubs at their discretion
• The ability to raise funds from individuals under Gift Aid. A registered CASC can reclaim up to £28 in tax for every £100 donated, though at the moment this does not apply to all types of donations.
• CASCs are exempt from Corporation Tax on profits derived from trading activities if their trading income is under £30,000 pa.
• Profits derived from property income are also exempt for CASCs if gross property income is under £20,000 pa, of particular relevance following the abolition of the nil rate band.
• CASCs whose income does not exceed these thresholds will no longer be required to complete an annual Corporation Tax return.

The main conditions for registration are:

• Membership must be open to the whole community.
• The club’s facilities must be available to all members without discrimination.
• The club’s rules/constitution must prevent the distribution of profits to members i.e. funds must be reinvested in the club.
• Club members cannot be paid for playing, although they can be paid for providing other services to the club such as coaching.
• Membership categories and fees must be reasonable and should not be a bar to open membership.

The registration process is simple and can take a matter of weeks. Please click on the following web link for further information and details on how to apply; http://www.cascinfo.co.uk/

 

Chris Turner
Club Development Manager
T: 01785 619681
E: cturner@staffordbc.gov.uk