Fantastic idea I will propose it at our next committee meeting
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
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 !!
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".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
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
HMRC (IR no longer exist), you may download the forms here.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?
Rutty
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,
I just wish i could find a wood or land to open a hft club in the northeast