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How will changes to the CASC rules affect your club?

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Details

Date:
Tuesday, February 18, 2014
Time:
8:30 am - 10:30 pm
Cost:
Free

Organiser

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Following a consultation, the Treasury have announced a broad range of positive changes to the CASC regime which will be implemented from 1 April 2014 including:

  • The ability for companies to make tax deductible donations to CASCs
  • Clubs generating a higher level of income (over £100,000) from non-members will need to consider setting up a trading subsidiary
  • Increases to the trading and rental income a CASC can receive without tax arising
  • The ability to have a number of paid players, up to a total “paid” of £10,000 a year
  • Increases in subsistence and tour expenses which can be paid to players

However, the changes will require clubs who charge more than £520 a year in membership fees to offer membership packages for persons on lower incomes. In addition, the proposed changes will come with a requirement that existing CASCs either adhere properly with the new rules or deregister!

In light of the announced  changes, Tait Walker along with Muckle LLP will be holding a FREE seminar covering:

  1. The accounting and legal impact of the changes, including how they will affect the tax and VAT obligations of your club
  2. How your club can obtain the maximum benefit of the existing and new provisions for CASCs.
  3. A comparison charitable status and the new CASC status

Speakers:

  • Alastair Wilson – Tait Walker LLP
  • John Devine – Muckle LLP

Schedule:

  • 8.30am – Breakfast and registration
  • 9.00am – Presentations
  • 10.30am – Q & A and close

Register:

To register or for more information please contact Kirsty Ramsey from Tait Walker on
0191 285 0321 or email [email protected].

Venue

Newcastle Falcons
Kingston Park, Brunton Road, Kenton Bank Foot, , Newcastle upon Tyne, Tyne and Wear NE13 8AF United Kingdom
Phone:
0191 214 5588