Corporation Tax Act 2010 section 660

Meaning of "organised on an amateur basis"

Section 660 defines the criteria a sports club must satisfy to be considered "organised on an amateur basis" for the purposes of qualifying as a community amateur sports club (CASC).

• The club must be non-profit making, reinvesting all surplus income or gains back into the club rather than distributing assets to members or third parties
• The club must provide only the ordinary benefits of an amateur sports club to members and their guests, such as sporting facilities, coaching, equipment, insurance, medical treatment, and reasonable travel and post-match refreshments
• The club must not exceed Treasury-specified limits on the number of paid players, the amounts paid to individual players, or the total amounts paid to all paid players in any year
• The club's constitution must require that on dissolution, any net assets are applied to approved sporting or charitable purposes as endorsed by the members or the governing body