You are reading a single comment by @Arvy. and its replies.
Click here to read the full conversation.
-
No, not to my knowledge.
There are rules which allow the club to claim back some part of it's VAT expenditure (but as our purchases are with non-UK cloud providers we have virtually none) but doesn't classify us as a full charity.
We can voluntarily enter into several things, like Gift Aid processing as a CASC and VAT processing, but it seems that the cost of accounting for both is greater than than benefit (unless we were even larger... i.e. had over £20k revenue per year, at which point it would start to make sense).
I don't believe you can claim back as a charitable contribution if, as a CASC, we aren't actually engaged in processing Gift Aid.
Velocio
@Arvy.
LFGSS is a 'club'.
Silly question, but let's say I donate regularly or a lump sum; can it count as a charitable donation?
I guess not as LFGSS is a sports club, not a charity, but I wanted to check.