The Book-keepers Forum (BKF)

Post Info TOPIC: Gifts for Clients at Christmas


Veteran Member

Status: Offline
Posts: 66
Date:
Gifts for Clients at Christmas
Permalink Closed


Hi Guys,

I have been looking online but have found conflicting advice, so I am turning to you for yours.

One of my clients has made up Christmas Boxes for their customers containing various chocolates, biscuits, fruit etc, now my question is:

1) Can the VAT be claimed back

2) can tax relief be claimed

Now, I've seen on one site that you can claim the VAT but not tax relief and another that says you cannot claim either! None of the gifts are monogrammed with the company name / logo and they do not exceed £50.

Any advice would be much appreciated.

Thanks and Merry Christmas

Corrinna

 



__________________


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Hi Corrinna
Have you managed to locate any of the HMRC manuals in this regard?

Ive not looked for them Im afraid but would suggest its worth a quick hunt round for the appropriate manual to get their guidance. Sorry I havent got time to provide a link.

That said my understanding in your particular case is no and no.

They are treated as entertainment (isnt advertising, is below £50 and is food.) Which is probably why so few people tend to do it these days.

Hope they didnt do too many expecting to keep their tax down etc.

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About