This site would like to set some non-essential temporary cookies. Some cookies we use are essential to make our site work.
Others such as Google Analytics help us to improve the site or provide additional but non-essential features to you.
No behavioural or tracking cookies are used.
To change your consent settings, read about the cookies we set and your privacy, please see our Privacy Policy



World Sports Advocate
Back to Contents

Volume: 15 Issue: 12
(December 2017)

Keywords:
new uk tax incentives grassroots sport spending law new uk law introducing tax incentives corporate spending grassroots sport received

Jurisdictions:
UK

Options:
Share This Page



New UK tax incentives for grassroots sport spending become law

The new UK law introducing tax incentives for corporate spending on grassroots sport received Royal Assent on 16 November 20171. All companies supporting amateur sport should be able to claim corporation tax (‘CT’) relief for their qualifying expenditure from 1 April this year and should review their circumstances to see what cash benefits the new relief will deliver. Since many will be preparing accounts and CT returns for year ends since 1 April 2017 the new relief may provide an immediate tax saving, as Richard Baldwin MBE, a Sports Tax Consultant and Hon. Tax Adviser to the Sport & Recreation Alliance, explains.

Sign up for a free trial for a week’s access to the entire latest issue of the journal
You must be logged in and have an active full subscription to view full articles.
Log in now
If you are not already a subscriber, take a subscription for full access to our entire online archives.
Subscribe

Search Publication Archives



Our publication archives contain all of our articles, dating back to 2003.
Can’t find what you are looking for?
Try an Advanced Search

Log in to world sports advocate
Subscribe to world sports advocate
Register for a Free Trial to world sports advocate
E-Law Alerts
world sports advocate Pricing

Social Media

Follow us on TwitterView our LinkedIn Profileworld sports advocate RSS Feed