Key UK tax law developments for not-for-profit sports clubs in 2017/18

Thursday, 14 December 2017 By Richard Baldwin MBE; FCA; CTA; B Com

Tax can have an important impact on the finances of not-for-profit sports clubs.1 But keeping up to speed is difficult as tax law and Her Majesty’s Revenue and Customs (HMRC’s) practices are constantly changing. This article highlights recent developments for not-for-profit sports clubs, explaining some of the pitfalls and pointing out opportunities for clubs to generate cash. Specifically, it looks at:

Employment related tax matters (PAYE, NIC, National Minimum Wage);
Value added tax
Corporation tax
Special tax status
Gift aid
Making Tax Digital for business

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Tags: Community Amateur Sport ClubS (CASC) | HMRC | Income Tax | National Minimum Wage | PAYE | Tax | UK | Value Added Tax (VAT)

Written by

Richard Baldwin MBE; FCA; CTA; B Com

Richard Baldwin MBE; FCA; CTA; B Com (Sports tax consultant)

Richard has specialised in the taxation of sport for almost 40 years. Until 2005 he was Tax Partner in Deloitte's London Office leading its sports tax practice. Since leaving Deloitte he spends most of his time advising clubs on tax particularly CASC and charity status. Much of his time is provided on a pro bono basis. He was awarded the MBE for his services to sport in 2013.