Benefits of CASC

80% mandatory business rate relief. Local authorities can offer up to 100% relief to clubs at their discretion.

The ability to raise funds from individuals under Gift Aid. A registered CASC can reclaim £28 in tax for every £100 donated, though at the moment this does not apply to all types of donations. (N.B. from 5/4/11 £25). Additional higher rate tax relief for donors.

CASCs are exempt from Corporation Tax on profits derived from trading activities if their trading income is under £30,000 pa.

Profits derived from property income are also exempt for CASCs if gross property income is under £20,000 pa.

CASCs whose income does not exceed these thresholds will no longer be required to complete an annual Corporation Tax return but clubs must distinguish and record non member income.