COMPANIES SHOULD PROVIDE SPORTS AND SOCIAL FACILITIES FOR LOCAL COMMUNITIES TO WHAT EXTENT DO YOU AGREE

Local communities are the building blocks of any country. The happiness and emotional health of any community are dependent on wellbeing

activities

like sports and social interactions. Yet these get-togethers require funding for venue or necessities. Governments may not be able to fully support as they have to look after utilities like transportation, gas, electricity, health and ambience. Sponsorship helps to cater for needs and provide a shoulder for few

activities

. Taking part in community

activities

has its own advantages and perils. when we speak about advantages, companies if successful have a surplus of income and fall into higher tax bands. They look for ways to evade or decrease tax amounts, one of those is by funding public events. As per policymakers law, any public activity is exempted from tax up to

the

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a

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certain limit. Regular examples of public

activities

are sponsoring an athlete, bearing travel expenses for a team attending international sports competition, building an auditorium for entertainment shows, arranging regular salaries

to

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for

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a theatre group so that they can perform tension-free. while we learn its loop sides, giving money to social gatherings might make finances tight for employee wellbeing.

This

may lead to unhappiness and frustration among staff with future implications like decreased productivity and profit. Rather than using funds for plays and games, employers can divert them to better social causes like building hospitals, roads and seeds to farmers and employment opportunities to small scale industries making them flourish. I partly agree with the statement that companies should fund social occasions as I believe that

this

siphons off funds to employee wellness and money can be used for better causes.