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.
The Sport and Recreation Alliance were delighted to facilitate a Parliamentary launch for a new research report ‘The Social Value of Group Exercise’, commissioned by EMD UK, the national governing body for group exercise.
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The National Sector Partners Group* (NSPG) has issued the following statement in response to the Chancellor’s Spring Statement.
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On 25 March, CEO of the Sport and Recreation Alliance Lisa Wainwright MBE gave evidence to the Department for Culture, Media and Sport Select Committee’s Game On Inquiry in Parliament.
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