One of the many commitments to improve Bicester RUFC in our new Club Strategy was to attain Community Amateur Sports Club status. With the groundwork laid over previous seasons, we took the decision to submit our application this summer and have now received confirmation from the government.
What does this mean?
Community Amateur Sports Club (CASC) status was a scheme introduced in 2002 by the government which allows local amateur sports clubs to benefit from a range of tax reliefs, including Gift Aid, where they meet the qualifying conditions.
To be registered as a CASC, a sports club must:
- be open to the whole community – including a membership open to all, without discrimination with fees that do not represent a significant obstacle to membership
- be organised on an amateur basis – is not-for-profit, provides ordinary benefits of an amateur sports club for members, and has a governing document that requires any assets on dissolution to be applied for sporting or charitable purposes
- have as its main purpose the provision of facilities for, and the promotion of participation in, one or more eligible sports – i.e. as an accredited member of the Rugby Football Union
- not exceed the income limit – i.e. £100,000 per year from non-member trading and property income
- meet the management condition – where our Directors have passed the "fit and proper persons" test
- meet the location condition – i.e. in the UK
Benefits to the Club
Registering as a CASC gives us a number of benefits, including:
- 80% relief from business rates – we currently don't pay any, but this is a benefit should the club own a property in future
- The ability to generate income through Gift Aid, including small donations and corporate donations
- Inheritance Tax exemption on donations to the club
- Exemptions from Corporation Tax
Salisbury Rugby Club is CASC registered and generated £25k from gift aid over 4 years, which helped fund new changing rooms for the club. Dorking Rugby Club raised £80k over 10 years to support mini and youth development rugby. And Barnes Rugby Club raised £150k over 10 years funding minis, youth, girls and ladies rugby.
All future donations to Bicester RUFC will therefore be topped up with a 25% contribution from the government if the individual giving the donation gives the club permission to claim it (unless the donation is under £30, where no such declaration is required).
For higher rate tax payers, the difference can be claimed in your annual self-assessment. For example: you donate £100 to BRUFC and we claim Gift Aid to make your donation £125. You pay 40% tax so you can personally claim back £25.00 (£125 x 20%).