If your sports club is based in the UK and 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 cannot be recognised as a charity for tax purposes.
CASCs are not regulated by the Charity Commission.
If you register your organisation as a CASC, you cannot later register it as a charity. You’d need to close down the club and transfer its assets to a new charity.