TAX TREATMENT OF AMATEUR SPORTS CLUBS

Motion Text

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.