TAX SERVICES FOR CASCs

The rules for Community Amateur Sports Clubs changed in April 2014. We can help managers of large amateur sports clubs meet these requirements.

The Community Amateur Sports Club (“CASC”) regime is intended to deliver £100m a year of funding to amateur sports clubs in the form of tax reliefs and exemptions. The rules relating to qualification as a CASC changed from 1 April 2014 and a twelve month transitional period commenced.

We have assisted CASCs running sports clubs such as Golf Clubs, Rugby Clubs and Cricket Clubs to review their trading activities to ensure that they meet the requirements and to ensure that they continue to benefit from the generous tax reliefs offered by the CASC regime.

Our specialists can help your CASC with:

  • The requirements under the CASC regime
  • Identifying any areas where the rules are not met and developing a strategy to enable you to continue to meet the requirements
  • Establishing trading subsidiaries and transferring appropriate trading activities
  • Maximising opportunities for Gift Aid
  • Benefiting from investment under the Social Investment Tax Relief, where applicable
  • Managing statutory accounting requirements efficiently using leading software such as Xero or Sage
  • Pro-actively managing employment taxes, pensions requirements and costs