Advertising in return for cost of football club fees
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Hi,
A client of mine has asked me about some possible advertising / sponsorship of a local football team.
He said he wants to make a contribution to the costs of playing in a local five-a-side league and in return the team name will be his business name.
I am sure it is allowable for tax purposes but I just wanted some confirmation.
Can anyone confirm this please.
Many thanks
Dave
A client of mine has asked me about some possible advertising / sponsorship of a local football team.
He said he wants to make a contribution to the costs of playing in a local five-a-side league and in return the team name will be his business name.
I am sure it is allowable for tax purposes but I just wanted some confirmation.
Can anyone confirm this please.
Many thanks
Dave
0
Comments
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Re:Advertising in return for cost of football club fees
Yes - it probably is allowable as long as it's for advertsing - the fact that the company's name appears on the shirt suggests that it is advertising.0 -
Re:Advertising in return for cost of football club fees
This would be classed as advertising rather than a charitable donation as the club is small and local and would be treated as such for tax reasons.
Remember small donations of £250 or less to local charities/clubs are regarded as advertising effectively as any company/business that does so will no doubt get it's name in the paper or magazine etc.0
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