Nottinghamshire Recreational Cricket
Changes to the rules and guidance for CASC
HMRC amending the rules for clubs registered with the Community Amateur Sports Clubs scheme.
over 7 years ago | Ian Smith
From 1 April 2015 the qualifying conditions for the Community Amateur Sports Club scheme changed and clubs who have registered for the CASC scheme. The key changes are:
- To remain a CASC at least 50% of your members must be participating members
- Registered clubs can now make small payments of £10,000 per annum (including the non-cash benefits for playing)
- CASCs can now make limited travel and subsistence payments to members in certain situations
- There is now a £100,000 a year income limit - remain a CASC, you must not earn more than this figure per anum from trading and property income combined
There has also been an increase to the turnover limits before you have to pay Corporation Tax.
It is important that existing CASCs and those considering becoming registered understand these new conditions - for more information, check out the government's website or download the guidance notes attached.
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