Early bird
tickets
available now!
Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13773)           
UK only International

Grassroots sports clubs bracing themselves for Budget announcement

By Matthew Campelli    07 Mar 2017
Taking effect from 1 April 2017, the tax refund scheme will allow organisations fitting the criteria to claim a rebate

Several grassroots sports clubs may have to close down if the chancellor doesn’t extend business rate relief during tomorrow’s Budget announcement (8 March), according to the Sport and Recreation Alliance.

The industry body has called on Philip Hammond to announce an extension of the rate relief scheme enjoyed by some organisations to sport clubs, or a form of “transitional assistance” guarding grassroots clubs from rising business rates.

While rateable values are usually reviewed every five years, the last instance occurred in 2010 as the government decided to delay the 2015 revaluation.

As a result increases are due to come into effect in April 2017 and will be “much sharper” according to the Alliance.

“Not all sports clubs are currently eligible for rate relief and a wide range of clubs, such as riding schools, will be impacted,” said Alliance parliamentary and policy officer Charlotte Adams.

“The worst case scenario is that some clubs may end up being forced to close unless the government provides further assistance.”

Hammond may also reveal more details about the corporation tax relief scheme for grassroots sport originally ushered in by George Osborne, his predecessor.

The Alliance has requested that the reforms should enable governing bodies to claim relief for grassroots expenditure spread over several years, and that reforms should “apply to a wide variety of different governing body structures that exist”.

Philip Hammond  Sport and Recreation Alliance  Budget  grassroots sport 
Sign up for FREE ezines
Related news
Related features

Company profile

Company profile: Legend by Xplor
We help a wide range of public sector leisure operators (including Leisure Trusts, Leisure Management Companies, Local Authorities and Universities), as well as private operators, to streamline complex operations, achieve growth and drive retention.
View full profile >
More company profiles

Featured Supplier

Altrafit introduces custom functional fitness equipment at Third Space
Altrafit has taken further steps to cement its reputation as a provider of high-quality, affordable functional fitness equipment that is built to last with the development and introduction of a new functional fitness keg for luxury gym operator, Third Space.
View full details >
More featured suppliers

Property & Tenders

Location: Jersey
Company: Jersey War Tunnels
Location: Chiswick, Gillingham, York and Nottingham
Company: Savills
Location: Cleveland Lakes, Wiltshire and Gloucestershire
Company: Cotswold Lakes Trust
Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
More properties & tenders

Diary dates

03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
20-22 Sep 2024
Locations worldwide,
More diary dates