Sponsorship
is allowable for tax. Assuming corporation tax liability of 30%, that proportion of the investment is effectively returned
to the sponsor in the form of tax relief-for example a successful bid of £10,000 would be worth £3000.00 in tax relief in
addition to all the sponsors benefits and media value, this would equate to an investment of just £7000.00.Sponsorship costs
-are they tax deductible?
• The
use of the business livery and lettering on the racing car.
• The sponsorship of events on a wide scale and
the exclusive promotion of the businesses own
race day event.
• The
use of these events to entertain customers and potential users of the businesses facilities;
• The
publicity derived from newspaper coverage and TV features including repeats; and
• The
daily display of the cars outside the businesses premises.
Sponsor
benefits:
• Brand
Awareness
• B2B
• Success
through association
• Televised
audience (live and recorded)
• Print
and Digital Media
• Large
live race audience
• Profile
with other Partners
• Staff
and Client Relationship
• Race
Hospitality
• Track
Events
• Shared
experiences
• Discounted
additional hospitality
• Car
Branding
• Website
Presence
• Race
car at Selected Events
• Driver
Appearances
• Press
and Publicity Opportunities
• Tax
Relief
There are many different levels of sponsorship available
to suit all budgets, sponsorship benefits vary accordingly
Martin
Wallbank Motorsport is a subsidiary of Demar Motorsport
