TAX TREATMENT OF AMATEUR SPORTS CLUBS
- Session: 2001-02
- Date tabled: 22.01.2002
- Primary sponsor:
- Sponsors:
That this House welcomes the commitment of the Government to recognise, through the tax system, the vitally important role in our communities played by the 150,000 community amateur sports clubs; supports the view that the Inland Revenue tax proposals contained in the Treasury consultation paper provide an opportunity to achieve the aims of the Government 'Plan for Sport'; but believes that they need improving to include tax exemptions for the investment, fund raising and rental income, a mandatory 80 per cent. tax relief from business rates, and tax relief on company donations to sports clubs.