Sponsoring Football Club
KaelaH
Registered Posts: 131 Dedicated contributor 🦉
I have a client that has decided to sponsor the football club that is in the small village where he lives / works etc. Basically, he has purchased the kit and had it printed up with his business name splashed across it
a) can he claim the VAT on the invoice?
b) is it an allowable cost for Corporation Tax?
a) can he claim the VAT on the invoice?
b) is it an allowable cost for Corporation Tax?
0
Comments
-
Yes and yes.0
-
Thanks Monsoon
Just out of interest, where would you list the cost? Donations, advertising or something else?0 -
Advertising I would assume.0
-
Yup, advertising is fine.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership