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Tax Relief for Sports Clubs

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There are now 5,337 clubs registered as Community Amateur Sports Clubs, claiming an estimated total cash benefit of at least £58.3m by 30 June 2009. Could this be the right direction for your club?

The estimated total cash benefits of £58.3m clearly emphasises that the major benefit to CASCs at present is the business rate relief they receive, which comprises 88% of this figure. The Gift Aid take up has been significantly lower, currently at £5.5m, suggesting it is the property owning clubs which have received the major benefits from CASC status up to this point.

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(source of article runningsports partner newletter 12 August 2009)