Budget fails to deliver Subs for Clubs
In the Budget delievered on 12 March, the Chancellor of the Exchequer ignored the pleas of sports clubs, governing bodies, CCPR and parliamentarians to deliver Subs for Clubs - the campaign which calls on the Government to allow CASCs to claim Gift Aid on their junior subscriptions. The concession, like that utilised by the National Trust on its subscriptions (both for adults and families), would have cost the Treasury as little as £1m in its first year.
Richard Norman, CASC-analyst, was bitterly disappointed: "The Chancellor clearly left his sports kit at home on Budget Day. The Government have missed a great opportunity to reward sports clubs that actively engage with young people. The cost of the proposal would be miniscule when compared to the total cost of Gift Aid (over £830m in 06/07) and would have had a major impact on grassroots sport."
Click here to find out more about Subs for Clubs campaign.
