CASC Scheme
Financial Benefits for Community Amateur Sports Clubs
The Community Amateur Sports Scheme was introduced in 2002 to provide Government support to eligible sports clubs by giving them a range of tax relief's similiar to those enjoyed by charities, without clubs taking on the burden of the regulatory responsibilities imposed on charities.
Registering as a Community Amateur Sports Club (CASC) confers tax reliefs such as claiming Gift Aid on any donations made to the club, mandatory rate relief at 80% and exemption from Corporation Tax and Capital Gains Tax under certain conditions.
As of March 31st 2007, there were 4,267 registered clubs on the CASC scheme and since it's inception approximately £18.5 million has been saved by grassroots sport. This money has gone back into sport and has enabled clubs to spend it on everything from facilities to kit.
A further 40,000 amateur sports clubs across the country might be eligible, with further savings of up to £60 million a year going back into sport.
For further details on applying to the CASC scheme, click here.