What are the tax implications if you were to sponsor your own race car via your company?
Would this be post profits or pre-profits.
Would the HMRC see the payment as benifit in kind when it comes to personal taxation.
Likewise if I were to have a sticker on my road car advertising mycomp.com,
could I make myself some savings??
Would this be post profits or pre-profits.
Would the HMRC see the payment as benifit in kind when it comes to personal taxation.
Likewise if I were to have a sticker on my road car advertising mycomp.com,
could I make myself some savings??
