Swim England launch series of Financial Sustainability webinars

Swim England have launched a series of Financial Sustainability webinars with the first session taking place at 6pm on Monday 24 October.

Following the release of the Club Financial Toolkit in July, Swim England are committed to providing ongoing support and guidance during these economically challenging times.

The first session will specifically focus on tax, particularly the taxation of competitions such as Galas. We will also discuss Charity and CASC status including the potential financial benefits available to clubs.

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Tax can be a daunting subject for many clubs, especially those that are run by volunteers so it’s important to understand what types of taxes may be relevant for your club and why.

It features Swim England’s Independent Tax Advisor Richard Baldwin who will be a guest speaker as part of the webinar.

The session is specifically aimed at Club Chairs and Treasurers but anyone involved in the financial running of a club can attend.

It will be delivered on Zoom and will last 60 minutes with attendees invited to stay on after the call to ask any questions they may have.

Providing guidance

Andy Jack, Swim England’s club and operator relationship manager, says the sessions build on the work set out by the Financial Toolkit.

He said: “Swim England recognises that managing club finances can be a lot to take on for club staff and volunteers.

“We’re in economically-challenging times and ensuring a sustainable future must be a main priority for all aquatic clubs.

“Having these webinars allows us to speak directly to those dedicated people that give up their time and provide guidance so that our aquatic clubs are around for a long time to come.”

Following the session there are three further webinars are planned over the coming months.