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A lot of businesses like to give gifts at Christmas to their customers or suppliers. In order for tax relief to be claimed on these gifts they need to be of a promotional nature. For example, things like branded diaries, calendars, pens, mugs, umbrellas etc. 

Unfortunately, if you simply send drinks, sweets, boxes of biscuits etc. these are not a tax-deductible expense.

 

 

Date published 15 Dec 2021 | Last updated 13 Dec 2022

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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