- South Dartmoor back to winning ways in cups
- Tom Allin tournament raised more than £5,000 for air ambulance
- Taverners kit bag delivered to Sri Lankan youngsters
- Devon trying to contact the class of 56
- Paceman Tshepo running in Virgin London Marathon
- Five Devon women in Western Storm squad for Kia Super League
- Registration night for all ages at Topsham on Monday
- Lots pouring in for auction at Allin Memorial tournament
- Thames Valley Gentlemen Cricket Club
- Bradninch add Argentinian flavour to Devon League
- Ipplepen youth registration night on Friday
- Final call for Groundsmans first seminar this year
- Devon League official tackling London Marathon for charity
- Bovey on familiar territory in Aaron Printers Cup
- Brockman Cup - Cup Kings lie in wait for holders
- Shepherd Trust helps Kingsbridge build for sustainable future
- DCL - Umpire Appointments 2016 (May 7th - July 2nd)
- Long standing records beaten
- North Devon see off Paignton chase
CASC - Urgent Action Required
On 1 April 2015 the qualifying conditions for Sports Clubs to be a Community Amateur Sports Club (CASC) changed.
HM Revenue & Customs (HMRC) wrote to all Cricket Clubs that are registered as a CASC in June asking them to check and confirm that they meet the new qualifying conditions. HMRC has not received a reply from your Club.
The main changes are as follows;
· To remain a CASC at least 50% of your members must be participating members.
There has also been an increase to the turnover limits before you have to pay Corporation Tax on profits made from trading with non-members (£50,000) and income property owned by your club (£30,000).
It is important that all CASC Cricket Clubs confirm to HMRC that they meet the new qualifying conditions so that they keep their CASC status after 1 April 2016.
HMRC need you to complete the attached self-assessment checklist as soon as possible and return it to;
HMRC - CASC Project team
Push 01
PO Box 205 - S0708
BOOTLE
L69 9AZ
HMRC has published detailed guidance notes for CASCs that will help you correctly answer the questions on the CASC self-assessment checklist.
HM Revenue & Customs (HMRC) wrote to all Cricket Clubs that are registered as a CASC in June asking them to check and confirm that they meet the new qualifying conditions. HMRC has not received a reply from your Club.
The main changes are as follows;
· To remain a CASC at least 50% of your members must be participating members.
· CASCs can now make some small payments to players as long as the total amount paid to all players is no
more than £10,000 a year (including the value of non-cash benefits for playing).
· CASCs can now make limited travel and subsistence payments to members in certain situations.more than £10,000 a year (including the value of non-cash benefits for playing).
· There is now a £100,000 a year income limit on trading with non-members. To remain a CASC you must not earn
more than £100,000 a year from trading and property income combined.
more than £100,000 a year from trading and property income combined.
There has also been an increase to the turnover limits before you have to pay Corporation Tax on profits made from trading with non-members (£50,000) and income property owned by your club (£30,000).
It is important that all CASC Cricket Clubs confirm to HMRC that they meet the new qualifying conditions so that they keep their CASC status after 1 April 2016.
HMRC need you to complete the attached self-assessment checklist as soon as possible and return it to;
HMRC - CASC Project team
Push 01
PO Box 205 - S0708
BOOTLE
L69 9AZ
HMRC has published detailed guidance notes for CASCs that will help you correctly answer the questions on the CASC self-assessment checklist.