ARTICLE · 19 MARCH 2013

Weekly Tax Update - Monday 11 March 2013

Smith & Williamson

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The Government has announced it intends to amend the law to make the qualifying conditions for the Community Amateur Sports Clubs scheme clearer for sports clubs.

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Smith & Williamson

1. GENERAL NEWS

1.1 Consultation on qualifying rules for community amateur sports clubs

The Government has announced it intends to amend the law to make the qualifying conditions for the Community Amateur Sports Clubs (CASC) scheme clearer for sports clubs.

Enabling legislation will be introduced in the Finance Bill to be published on 28 March 2013. This will allow HMRC to set out clearer detailed rules in secondary legislation after a public consultation.

HMRC will publish a consultation document in the spring which will set out proposals for the new, clearer, conditions.

The Community Amateur Sports Club (CASC) scheme provides a number of charity-type tax reliefs to support local sports clubs. In order to access these tax reliefs clubs must meet certain conditions and must register with HMRC.

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