What Magazines/Websites/Writers Do You Read? (Merged x3)

[GTRMagic]

[GTRMagic]

You could definitely argue in this case he might have a point..

[Tourer]

Originally Posted by GTRMagic

You could definitely argue in this case he might have a point..

Even a broken clock is right twice a day! Yeah, he's got a point for sure - there will have been plenty of podium shots since Scotty Mac headed off to the US - it does seem that AA is going out of it's way to ignore the event sponsor.

Adderton definitely isn't everyone's cup of tea but he IS putting money into our sport and deserves some credit for that. Pretty poor form on AA's part.

[Langers]

Wonder why Betty would bother buying into AA. It's clearly on the decline and both Speedcafe and V8Sleuth are well ahead.

[GTRMagic]

[Ares]

Originally Posted by Tourer

Even a broken clock is right twice a day! Yeah, he's got a point for sure - there will have been plenty of podium shots since Scotty Mac headed off to the US - it does seem that AA is going out of it's way to ignore the event sponsor.

Adderton definitely isn't everyone's cup of tea but he IS putting money into our sport and deserves some credit for that. Pretty poor form on AA's part.

Oh, the broken clock is gold. I may use that one. I was born at night, but it wasn't last night is my fav.

[Tourer]

Originally Posted by Ares

Oh, the broken clock is gold. I may use that one. I was born at night, but it wasn't last night is my fav.

The old ones are definitely the good ones - that's for sure.

[mite5255]

Originally Posted by Tourer

.

Adderton definitely isn't everyone's cup of tea but he IS putting money into our sport and deserves some credit for that. Pretty poor form on AA's part.

Does he claim that as a tax deduction

[Tourer]

Originally Posted by mite5255

Does he claim that as a tax deduction

Any marketing cost for any company is a legitimate business cost. It’s not a tax deduction per se but they pay tax in net income, not gross.

[mite5255]

Originally Posted by Tourer

Any marketing cost for any company is a legitimate business cost. It’s not a tax deduction per se but they pay tax in net income, not gross.

so the tax payer still pays

[Tourer]

Originally Posted by mite5255

so the tax payer still pays

No - the company (sponsor) pays.

No different to if the company spends a bazillion on TV advertising.

All companies pay tax on profits, if they have very high expenditure and low income then they may earn little or no profit; if they have income that is way more than expenditure then they have much more profit to be taxed on.

Either way, the tax payer doesn't pay a dime, because it isn't the taxpayer's money, it's the company's money and they pay tax on profit (some of their expenditure will of course be on the wages of the people they pay).

In this case, if the marketing spend (sponsorship) is getting the reach and having the impact wanted, then it should benefit / increase income, leading to greater profit, leading to more tax paid.

[one five five]

Originally Posted by GTRMagic

As a long time reader of AA, the way the magazine has trended over the last 12 months has lost me completely, the current stewardship of the magazine is disgracing the name.

And the decline I don’t think has much to do with Bruce Williams, he saved it and has been a part of AA for donkeys years, when Mr Clarke came on board seems to be when the attitude of the title significantly shifted….

[Kingair]

Only bought AA, twice in the last 12 months for 2024 pre and post Bathurst articles.

It was regular purchase during the Chinese Curse Crisis, plenty of good and well researched stories.

[one five five]

Originally Posted by GTRMagic

Said post seems to have disappeared?

[Jack65]

Originally Posted by mite5255

so the tax payer still pays

The sponsorship money is from Boost Tel Pty Ltd which is a registered company and sponsorship is a deductible business expense. It is also GST registered, so legitimately claims the GST Supercars invoices it for as well. Boost will pay corporation tax on its profit.