You must complete a Sponsorship Contract and get this signed by your sponsor. You can then submit this contract to SA Finance and we will issue an invoice to your sponsor.
Step 1: Complete Sponsorship Contract
Go to the Club Treasury Portal
Download and complete a Sponsorship Contract and have this signed by your sponsor (Please highlight any changes you make to the attached template to speed up the process)
The SA Senior Sponsorship Officer and/or SA President must counter sign the contract.
Step 2: Request invoice
Go to the Club Treasury Portal
Complete the “Invoice Sponsor” form:
Complete Finance Code
Complete contact information so we can send invoice and contact company accounts if payment is delayed
Complete VAT information (see next section)
Attach signed sponsorship contract
If you submit your request before Friday noon, your invoice will be issued by Thursday
Additional VAT Considerations
If the company receives any form of benefit from the sponsorship (i.e., it’s not a true charitable donation) they must pay 20% VAT on the sponsorship
Benefits include brand exposure and having people attending the event
If your sponsor is in the EU (but not UK) and you provided a VAT number, you do not need to charge 20% VAT
If you have any queries please address these to safinance@london.edu. Please do not reach out to individuals either in SA Finance or LBS Accounts unless requested so by them.
Download: SPONSORSHIP TEMPLATE