Corporation tax support for grassroots sport

The government is consulting until 15 June 2016 on devising a prescribed set of categories for contributions companies could make to grassroots sports which would qualify for corporation tax deductions. The broad outline proposed is that to be eligible contributions would need to:

• be directed towards a sport recognised as eligible;
• benefit ‘grassroots sports’; and
• fit a category on the list of ‘qualifying contributions’.

Contributions would also have to be made to an organisation classed as an eligible recipient in order for a deduction to be given. Qualifying contributions might include:

• provision of...