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Sponsorship and tax certificate

NC
2024-11-08

Question

Hello,

I have sponsored my local theatre company and received a tax certificate for this. How should I enter this in my accounts?

Many thanks!

Hello,

We already have a cost category for sponsorship called 'Marketing & advertising of all kinds'.

However, it is important that something is given in return, so that the sponsor receives a benefit, before we can refer to it as sponsorship. If this is not the case, we refer to it as a donation and it is not a business expense. You can find all the information about this in the next article: https://dexxter.be/sponsoring-of-gift-in-een-eenmanszaak/

Best regards,

Your Dexxter expert

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