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The Community Amateur Sports Club Scheme (CASC)
The CASC scheme recognises the important role that sports clubs play by distinguishing between clubs and businesses for rates and tax purposes, ensuring money is kept in sports clubs.
Most not-for-profit sports clubs can apply for funding through CASC – provided that the sport is recognised by Sport England. Despite this, it has been reported that only 20% of all clubs eligible for the scheme have signed up – meaning that an estimated £60m is being lost by UK sports clubs.
Maximising Gift Aid is an effective way to increase club income, yet only 1 in 10 CASCs are currently utilising Gift Aid. Here are some ways to ensure that your club does not miss out on maximising its income through Gift Aid:
In all these cases the principle will only work if the CASC is prepared to take the risk of members paying less than anticipated and that there is appropriate documentation to support the donations received.
HM Revenue & Customs (HMRC) have developed an online toolkit that includes 12 help sheets to provide you with everything you need to claim gift aid.
Sports Development Officer (Performance)