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Location:
sunny coast, qld
Registered:
October 2002
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Re: Car Sponsorship, how can a company claim back?
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Mon, 23 May 2005 01:15
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My car is sponsored by my dad’s business and I am an accountant. I have the Davey Plumbing stickers on both sides. We have signed a contract stating that he will reimburse me for all the expenses on my car for one financial year. This amount is then classified in the profit and loss as advertising. It is 100% deductible to his business as long as I don’t give him free tickets to racing etc.
This is how I did it and it is fully legal. I checked with the NTAA.
Good luck 
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| | Subject | Poster | Date |
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Car Sponsorship, how can a company claim back?
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nico | Tue, 17 May 2005 01:43 |
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Re: Car Sponsorship, how can a company claim back?
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M.J.H | Tue, 17 May 2005 05:53 |
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Re: Car Sponsorship, how can a company claim back?
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nico | Mon, 23 May 2005 00:52 |
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Re: Car Sponsorship, how can a company claim back?
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Corona RT142 | Tue, 17 May 2005 06:00 |
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Re: Car Sponsorship, how can a company claim back?
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Chris Davey | Mon, 23 May 2005 01:15 |
