What is Skills Sponsorship?

Definition of skills sponsorship

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Skills sponsorship is one of the possible mechanisms of Patronage.

It is a gift in kind, where the company provides the skills or the work force of its employees for the benefit of a general interest organization.

The provision is made On working time of the collaborator. The company can then benefit from a tax advantage for this implementation.

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To note:

Skill sponsorship should not be confused with (skill) volunteering. Volunteers freely commit their personal time and without remuneration to the benefit of a cause of general interest.

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How do you set up skills sponsorship?

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Don't worry, it's not that complicated (and it's even easier with Share it when you're an ESN 😉)!

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. Who can do skills sponsorship?

All businesses, regardless of size!

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. Who sets up a skills sponsorship project within a company?

It is a transversal subject, which is why it can be carried out by different interlocutors:

- by the CSR (Corporate Social Responsibility) teams

- by the HR teams (Human Resources)

- by the Management

- by the CSE (Social and Economic Committee)

- by the CSE (Social a nd Economic Committee)

- by the managers themselves, or by employees who want to participate actively in the project and who, for some, will in fact make their skills available during their working time for the benefit of general interest organizations

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The integration of all these stakeholders in the establishment and deployment of skills sponsorship within the organization will ensure its success.

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Who can benefit from skills sponsorship?

Only general interest organizations* are authorized to benefit from sponsorship and therefore to issue the tax receipt that will allow the sponsoring company to benefit from its tax advantage.

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. What is the tax advantage of skills sponsorship for companies?

Skills sponsorship entitles the company to a tax reduction of:

🗹 60% of the paid salary of the employee made available for the fraction of the donation less than or equal to 2 million €

🗹 40% for the fraction greater than 2 million

up to a limit of 0.5% of the company's turnover excluding taxes or 20,000 euros for companies whose annual turnover is less than 4 million euros.

This benefit is available to all types of businesses, with no minimum donation amount.

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➡️ Are you a consulting firm, a digital/design agency, or an IT services company?

To go deeper into the subject, read the rest of this article 🤓

➡️ For other business activities, and to go further, go to the website of theAdmical, the official sponsorship portal!

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