As a registered CASC a club can benefit from 80% mandatory rate relief, Gift Aid on qualifying donations from individuals and companies as well as Gift Aid Small donations payments on small cash donations from individuals. Individual gifts out of capital and bequests to CASCs are exempt from Inheritance Tax.

Many clubs have to pay business rates to their Local Authority (LA), for example, if they own land or buildings. CASCs benefit from an 80% reduction in their business rates as a benefit of qualification. LA's do give some clubs discretionary rate relief of varying percentages, but this may be withdrawn.

CASCs can also benefit from Corporation Tax Reliefs:

1. Exemption from Corporation Tax on UK trading profits if the turnover from that trade is £50,000 or less per year (increased from £30,000 per year from 1st April 2015).
2. Exemption from Corporation Tax on UK property income if the total income from property is £30,000 or less per year (increased from £20,000 per year from 1st April 2015).
3. Full exemption from Corporation Tax on interest received and on chargeable gains.

In order to be eligible for Corporation Tax reliefs your CASC must use all of its income and gains to promote participation and provide facilities for your eligible sport.

Registration as a CASC does not relieve the club from complying with it's other tax obligations in areas such as VAT and employment taxes.

Please also see the Q & A - Benefits section on the benefits of CASC status.