CASC registration offers money-saving and generating opportunities in many instances, but the key question is whether a Club will qualify.
Other regulations to bear in mind:
- Becoming CASC registered is a permanent decision, a club can’t change their mind and revert back.
- The club’s constitution will either need to conform to HMRC’s criteria or change their constitution accordingly.
- The club needs to continue to comply with CASC rules.
- Any club profits have to be reinvested in the club.