Tax proof help

As you know you can claim costs for your business so you only have to pay tax on your business profits. E.g. When you buy advertising.

I want to give a prize away on my site and as this will be a business cost, I want to know how to prove this as a tax expense without an invoice.

Can anyone help?

 

just keep records of the competition and the winner I'd say.

 

Yeh I think that is all I can do. Do you think it is enough?

 

Yes it should be enough, especially for a small thing like that. As long as you have some sort of record that proves it the tax authorities should be happy.

As to the deductibility of it, that I don't know, unless you know you should probably ask a tax advisor

 

Thanks.
I think it can be deducted as it counts as advertising.