CASC Approval of clubs

[pennineway.fswo]

If any of you target shooters belong to a club that has CASC approval (Community Amateur Sports Club) then you are effectively treated like a charity as far as the IR are concerned

One way therefore to raise money (as a gift from the tax man) is to agree to pay reasonable travelling expenses to those members of the club who maintain and supervise your ranges and club house. 30-40p/mile seems to be quite acceptable
The recipients then donate these expenses back to the club and inform the IR of the donations by completing a gift aid form
The Tax man then gives your club 28% of the donations.

This can add up to quite a bit of money for those clubs that are open several days a week
The arrangement is all above board and quite legal.

Just start a simple spread sheet to record the miles covered and once a year make the claim
John

[Powderfinger]

Great idea, John. I will put it before our committee. FAS weights in the post tomorrow. Best regards.

[discount-dvd]

Fantastic idea I will propose it at our next committee meeting

[pennineway.fswo]

CASC approval is worth having for any club

It is relatively easy to obtain as long as your club has a written constitution and is properly managed.
One condition is that if the club folds then assets are transferred to an appropriate association/governing body for the sport rather than going to the club members. But for any stable club this is not a problem.

The approval has several tax advantages and the expenses annual claim that takes the treasurer/secretary a short time to complete can be worth quite a bit of money to the club each year and can help reduce membership fees or be used for purchasing equipment etc.

The bad publicity given to shooting this year from recent tragic events in the news has not helped our sport and may unfortunately influence grant bodies when handing out grant aid to clubs. So any tax rebates from the IR are welcome.

[Rutty]

The bad publicity given to shooting this year from recent tragic events in the news has not helped our sport and may unfortunately influence grant bodies when handing out grant aid to clubs. So any tax rebates from the IR are welcome.

I would add to the above that an increasing number of grant applications ask whether the club is a CASC. Whilst not having CASC status will normally not disqualify the club from submitting an application, you will have to explain why you have not applied to become one. In these cases CASC is an additional box "ticked".

Rutty