Sports clubs missing out on up to £148 million, say ministers
Howard Lake | 17 June 2004 | News
Around 40,000 amateur sports clubs across the UK are missing out on tax benefits, reduced business rates and Gift Aid which could reach an astonishing £148m.
They could claim these benefits if they registered with the Inland Revenue as a ‘CASC’ – a Community Amateur Sports Club.
The figures were given by Sports Minister Richard Caborn and the Economic Secretary to the Treasury John Healey when they visited a local cricket club to highlight the value of the CASC scheme.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.