If your sports club is eligible, you can become a community amateur sports club (CASC). You’ll get:
- tax relief on income, gains and profits from some activities
- Gift Aid repayments on donations
- business rates relief
To benefit you must register with HM Revenue and Customs (HMRC).
You can claim relief on money you use to promote and provide facilities for eligible sports. These are known as ‘qualifying purposes’.
CASCs and charities
You must choose whether to register as a CASC or a charity. A registered CASC can’t be recognised as a charity for tax purposes.
Unlike charities, CASCs aren’t regulated by the Charity Commission.