If your club isa registered charity or registered with HMRC as a Community Amateur Sports Cluband you have reduced or even suspended subscription fees during the period oflockdown, there may be an opportunity to claim Gift Aid on any payment by amember which exceeds the reduced subscription e.g. if their existing monthlystanding orders continue and they are invited to treat them as a donation.��
Where subs have been suspended altogether clubs could considerinviting members to make donations which could qualify for Gift Aid.�
Word of warning: Gift Aid is not available for services a clubprovides e.g. boat storage or mooring fees.
If you have events thathave been cancelled (e.g. an annual fund raising dinner as a result of thecrisis for which you have already taken payment) rather than refund the entryfees, you could consider asking participants if they are willing to treat thefee as a donation and, if so, claim Gift Aid on that donation.�
HMRC�s Guidanceon this can be accessedhere�and whilst it refers to charities and not specifically to CASCs, weare advised that the CASC Unit in Bootle has confirmed that the concessionarytreatment should apply equally to sports events organised by a charity or CASC.
It will be extremely important to ensure you have appropriatedocumentation providing an audit trail, ensuring your members/participantscomplete a Gift Aid Declaration.
Stay in touch
Guidance from the RYA Legal team regarding C19 continues to be updated and you can find it in the hub on the RYA website here
We also encourage clubs to let us know any success stories which can be shared with others and to ask for help if you're experiencing any difficulties with legal matters and we will do our best to help.
For more information please email email@example.com