I'm no Tax expert or accountant, or with any type of law or even a degree in anything!
gee to be honest I failed school !!!!
But what the hay go for it and tell them I said it was OK.

oh no this was my 666 post!

Im also self employed and this cuuntry ****ing sucks if you want to work hard and make money and not pay for the doll bludgers!

I say go for it and wait to be audited.

However remember when it comes to the tax man you are GUILTY and have to prove your innocence... Which is disgusting..

Yes you can do this.

But you may have to be involved in competition.

Same as all the companies that pay for spinnakers in the S2H race.....

Not sure how they do it, but I believe an invoice is issued for "advertising"

Yes you can do it m step dad used his building business to sponser my Thundercat as I was racing. He could also sponsor if the boat was in a location of advertisement eg autobarn on display, flea markets ect. The tax right off does not make it worth while.

He also got audited both 2 years he sponsored me, lucky we where doing the right thing as I was genuinely racing.

Not worth it imo.

Almost forgot. Once you have advertisement on your gear they/your company can be held liable for any incidents you have, you will need and must have a form of insurance or governing body which you abide all the rules by as some kind of control measure.

Any possible profits from your form of advertising must be shown in the company's books including increased sales non related to your possible income from your kite/ect as they could be profit from you, they will have to pay GST on all money you make if you win a competition (this one might have changed a little - although I doubt it)

Don't go down this path. If you where really really good and competed (with this sport - international) it might be viable but you are better off going to your kite dealer or wetsuit/surf shop and get some clothing or harness ect if you cover your car in stickers and make go-pro vids??????

Life aint free.

thanks for the replies.
my accountant looked at me in a strange way also when i mentioned it to her.


"My tip is conduct yourself in a disorderly, random, non commercial manner. Shouldn't be hard for a kiter."
hehe, very funny
hey scoob, ill continue as I have been, its worked so far!
Im looking forward to a windy summer
may need to put on a manager who can sort out these random dealings, so i can go kiting