Hello everyone
My situation is as follows:
As a self-employed student, I want to make myself better known in the field of event photography.
So for the upcoming party from our local youth club, I’m taking photos and sponsoring €50.
With proof of the donation, I could also enter this amount as an expense in my accounts.
But I have no idea under what heading or how I should enter this. Does anyone know?
Kind regards
Hmmm, I think you'll have to frame it as something from publicity.
Do they do any advertising for you for that £50? A mention of your company somewhere? That's enough :)
Then they have to draw up a document stating that they have received £50 from you in exchange for some advertising, a mention of your name, ... or whatever. That document can then be entered in your accounts as advertising/publicity!
Yes, that's right, that's how we do it with our sports club.
We simply issue documents to everyone who sponsors us, stating that entrepreneur Y has paid x amount of euros in sponsorship in exchange for: a mention of their name, advertising, an advertising box on the mats, etc. (and of course we actually do that too!)You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
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