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Thread: CASC Approval of clubs

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  1. #1
    Join Date
    Aug 2010
    Location
    Leeds
    Posts
    2
    Fantastic idea I will propose it at our next committee meeting
    Life is like scuba, the longer you are in the more wrinkly you get

  2. #2
    Join Date
    May 2004
    Location
    Ashby de la Zouch
    Posts
    2,540

    CASC Approval

    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.
    hold me back !!

  3. #3
    Join Date
    Jul 2008
    Location
    Oakham
    Posts
    774
    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

  4. #4
    Join Date
    Dec 2010
    Location
    Glenrothes
    Posts
    8
    Who issues club's with CASC status, IR? Is it a case of completing an application form, submitting a constitution and await approval from the issuer?

    Our club has one but just curious as to how it's gained
    Good Morning Mr Wiseman
    Ripley Elite .177 ~ Smith & Wesson .177 ~ Colt 1911 BB

  5. #5
    Join Date
    Jul 2008
    Location
    Oakham
    Posts
    774
    Who issues club's with CASC status, IR? Is it a case of completing an application form, submitting a constitution and await approval from the issuer?
    HMRC (IR no longer exist), you may download the forms here.

    Rutty

  6. #6
    Join Date
    May 2011
    Location
    Grantham
    Posts
    167
    HMRC as of april 2011 allows you to claim £0.45 for the first 10,000 business miles and £0.25 there after tax free.

    So you can pay this out or it can be "claimed" back without tax implications.

    Iain
    BSA Goldstar union jack serial no 770001, BSA Goldstar black pepper.177, AA Ultimate Sporter .177,

  7. #7
    Join Date
    Jan 2008
    Location
    Gateshead
    Posts
    1,430
    I just wish i could find a wood or land to open a hft club in the northeast

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