Sponsoring a charity

Charity sponsorship payments are different from donations because your company gets something related to your business in return. Typically, your business brand would be promoted by the charity in some way.

You can deduct sponsorship payments from your business profits before you pay tax by treating them as business expenses.

Payments qualify as business expenses if the charity:

  • officially supports your products or services,
  • allows you to use their logo in your own printed material,
  • allows you to sell your goods or services at their event or premises,
  • links from their website to yours.

If you are unsure whether a charity payment qualifies as a sponsorship payment or a donation, contact the HMRC charities helpline, 0300 123 1073.

Latest Blog
28
Sep

HMRC warns students of tax scams

HMRC is warning university students new to the world of working to be wary of potenti...

Read More
23
Sep

NIC and Levy high jinks

No surprises when the Prime Minister announced a hefty 1.25% increase in NIC Class 1 ...

Read More
21
Sep

Government backs UK entrepreneurs with six hundred million of Start Up loans

The UK Government’s Start Up Loans scheme has now provided £600 million i...

Read More
16
Sep

What is round the corner?

Having glimpsed the light at the end of the COVID tunnel, many of us will have everyt...

Read More

CONTACT SIMON COOPER