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Local football club and charity given business rate break

2 minute read
Local football club and charity given business rate break

Published at 4:33pm 12th January 2017.

Relief is the order of the day in Rushmoor this week.

New tax breaks will give a local charity and football club thousands of pounds more to spend.

Rushmoor Borough Council have announced business rate breaks of 20% for The Source and Farnborough FC.

As a registered charity, the former already receives a mandatory 80% rate of relief and this extra break is in recognition of the good work it does in the local community.

The Source, based in Aldershot, works to transform the lives of disadvantaged young people through youth work, mentoring, counselling and training. 

Councillor Gareth Lyon, who works in Concessions and Community Support, described the charity's work as 'tremendous' and added 'this gives them a little extra money to spend on important services'.

Farnborough FC, meanwhile, now has equality with Aldershot Town FC, the other senior football club in the borough.  

Their relief will run until the end of March, when both clubs' tax statuses are up for review.

Rob Prince, the club's CEO, welcomed emphasized Farnborough's 'strong community links' and said the breaks 'will allow us to divert funds to continue investing and maintaining the stadium to a high standard'. 

 

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