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The changing rules for community amateur sports clubs
KEY POINTS
- The basic conditions for compliance with the community amateur sports clubs scheme.
- Costs must be set at a level that encourages participation by the local community.
- Payments that can be made to players are limited.
- The number of social members in a club must not exceed active sporting participants.
- Clubs are allowed to raise a certain level of income from other activities.
- Unlimited trading income can be generated from transactions with members.
The community amateur sports clubs (CASCs) scheme allows clubs that meet certain conditions and are recognised by HMRC to enjoy many of the tax benefits enjoyed by charities.
It has become clear that uncertainty has arisen over some of the original rules. As a result some clubs that are currently designated...
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