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Donation to sport club

  • 10-04-2021 8:19pm
    #1
    Bass Reeves
    Registered Users, Registered Users 2 Posts: 18,966 ✭✭✭✭


    I am a sole trader local sports club is raising funds for a sports project. Can I declare any funds I give them against tax

    Slava Ukrainii



Comments

  • #2
    DubCount
    Registered Users, Registered Users 2 Posts: 1,092 ✭✭✭DubCount


    Perhaps this is a question for your accountant in stead of boards.


  • #3
    duffysfarm
    Registered Users, Registered Users 2 Posts: 851 ✭✭✭duffysfarm


    I think people come here for help and guidance and not professional advice. We could probably tell every poster that comes on here that they could get whatever information they are looking for from elsewhere, but why someone would waste their time and effort tapping their keyboard just to tell them that is beyond me.

    Anyway - revenue have guidance on donations to sports bodies - see https://www.revenue.ie/en/companies-and-charities/charities-and-sports-bodies/tax-relief-on-donations-to-certain-sporting-bodies/index.aspx


  • #4
    Bass Reeves
    Registered Users, Registered Users 2 Posts: 18,966 ✭✭✭✭Bass Reeves


    The reason I did not ring the Accountant is because its a fairly basic accountancy question. they are all working away from the office. I have to ring the office, get someone to get him to contact me and ask him a fairly minor question.

    Slava Ukrainii



  • #5
    DubCount
    Registered Users, Registered Users 2 Posts: 1,092 ✭✭✭DubCount


    duffysfarm wrote: »
    ....but why someone would waste their time and effort tapping their keyboard just to tell them that is beyond me.

    OP's question was phrased in a way which suggested they were intending to simply treat the expenditure as a business expense.

    Does the expenditure qualify as an approved donation for an approved sporting body and an approved project? Would it make more sense to pay for advertising in stead?

    Sometimes simple questions do not have simple answers, and a quick call to the pro who knows the full picture is worth the effort of some key strokes.


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