We are an Australian Sporting team who have canvassed the community for sponsorship to allow the team to attend a World Championships event. The team is 12 x individuals so we are not registered for GST etc as the team.
We are being requested for a GST invoice from some Companies before they then pay for the sponsorship. I would have thought this is not a unique situation and there must be a way to allow these Companies to claim the sponsorship as a tax deduction.
As a team can we provide a proof of the event we are attending, receipt of the sponsorship money. ie Australian Sporting Team attending the ..................World Champuionships - ............ has received $1,000 for sponsorship from ..................Business and we confirm this money has been received and will be used to send the team to the event.
Otherwise it will make it very hard for us to attend this event as we have sponsorship committed to be paid and we are wondering how we can allow the Companies to also claim the sponsorship as a tax deduction.
The Communities assistance will be greatly appreciated with this matter.
Regards
The AustralianTeam