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HMRC publish a technical consultation
HMRC have published a technical consultation paper on the proposed regulations covering the qualifying conditions for community amateur sports clubs (CASCs).
The rules are being amended after a review of the scheme found that some of the qualifying conditions for CASC status were not fully understood by HMRC or clubs.
HMRC recognise that as a result of the change some clubs will need to change their structure if they wish to continue to be CASCs, but the hope is that the proposed changes will encourage more clubs to qualify and apply for CASC status.
The areas where draft regulations have been developed are income limits and thresholds, costs associated with membership, paying players, including travel and subsistence, and the ratio of participating and social members.
Responses should be sent by 5 November 2014, by email or post to CASC consultation, David McDowell, Room G66 Charities, 100 Parliament Street, London SW1A 2BQ.
