Community Amateur Sports Clubs have similar tax benefits to charities, so it can be a financial advantage for sports clubs to register as a CASC. You can also claim Gift Aid on donations made to the CASC (but not on regular membership fees).
- The club must be registered with the appropriate governing body (e.g. the FA for football).
- The sport practised must be on the list of HMRC’s eligible sports.
- Membership must be open to the public.
- Members of the club must be amateurs.
Once your club is registered as a company, you can apply to HMRC to have the tax benefits of a CASC. You can find the forms you need on the HMRC website.
If your club is already a company limited by guarantee, we can make sure it has the correct Articles of Association (constitution) for you to be able to register as a CASC. If you’re unsure, please contact us.