The Community Amateur Sports Club (CASC) scheme was established in 2002 to support grassroots sports clubs through the tax system.
Qualifying as a CASC
To qualify for CASC status, a club must:
- Be open to the whole community;
- Be organised on an amateur basis and promote participation in an eligible sport;
- Be non-profit making, re-investing any surplus back into the club.
Following recent rule changes, CASCs must meet a number of other requirements and these are explained in more detail though the links below.
The key benefits of CASC status include:
- 80% mandatory business rate relief (and up to 100% relief where local authorities apply additional discretionary relief);
- Gift Aid on individual donations to the club;
- Exemption from Corporation Tax on profits from trading income if less than £50,000 per annum and;
- Exemption from Corporation Tax on profits from property income if less than £30,000 per annum.
HMRC is responsible for the CASC scheme and for approving CASC registrations. The rules governing the CASC scheme were amended from 1 April 2015. For more information on the rules see the HMRC detailed guidance notes. To apply to become a registered CASC see here.
For further information about the CASC scheme and what it means for your club see www.cascinfo.co.uk/.
Charitable sports clubs
Many sports clubs are registered charities, a status which provides similar benefits to the CASC scheme in terms of tax and giving.
Charitable status is different to CASC status. Charities are regulated by the Charities Commission and clubs seeking charitable status must meet a number of criteria in order to become a registered charity.
For more information on registering as a charity see the guidance here.