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Old 3 May 2012, 01:23 (Ref:3068558)   #13
Axeman444
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Join Date: Jul 2006
Australia
Calling a spade a spade...
Posts: 4,117
Axeman444 should be qualifying in the top 10 on the gridAxeman444 should be qualifying in the top 10 on the grid
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Originally Posted by GTRMagic View Post
Jonathon Webb's Perth Livery...
so Mr Accountant, if you could be so kind and explain, if a team has no major sponsor, and place the banner of a registered charity on their cars free of charge, can they claim the cost of what sponsorship would otherwise be worth as a tax deduction, and therefore reduce the amount of money lost for the round by otherwise having no sponsorship?

If so, win-win!
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