The National Insurance Contributions Bill is making its way through parliament and could save sports clubs and charities thousands of pounds.
The Bill, which has just had its Second Reading in the House of Lords, contains legislation which, if successfully passed, from April 2014 will provide sports clubs and charities with a £2,000 tax cut on their National Insurance Contributions bill.
The proposals were announced in the 2013 Budget and were initially only proposed to be available for Community Amateur Sports Clubs (CASCs) and charities.
However, the Alliance has since had confirmation from HMRC that the tax break will be open to all sports clubs which employ staff and could therefore provide many more clubs with much needed tax relief.
We’re taking the Sport and Recreation Alliance on tour - and we want you to be part of it.
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The National Sector Partners Group (NSPG) has written to the Prime Minister ahead of next week’s Spending Review to urge the Government to back the sector through a sustained plan for investment and a clear strategy for increasing participation in sport and physical activity.
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Yesterday, the Sport and Recreation Alliance hosted a session of the All Party Parliamentary Group for Sport and Physical Activity, which took the format of a roundtable discussion on the economic value of sport and physical activity.
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