{"id":15162,"date":"2023-04-17T15:52:53","date_gmt":"2023-04-17T15:52:53","guid":{"rendered":"https:\/\/www.accountable.de\/deductions\/business-gifts\/"},"modified":"2023-04-17T15:52:53","modified_gmt":"2023-04-17T15:52:53","slug":"business-gifts","status":"publish","type":"deduction","link":"https:\/\/www.accountable.de\/en\/deductions\/business-gifts\/","title":{"rendered":"Business gifts: tax and VAT deductible?"},"content":{"rendered":"\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\"><strong>If you want to buy a gift for a client, partner, or employee, you can deduct part of the cost in Belgium. However, the deductibility is not always the same.<\/strong><\/p>\n\n\n\n<h2 id=\"what-counts-as-a-business-gift\" class=\"wp-block-heading font-degular scroll-mt-32\">What counts as a business gift?<\/h2>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">Business gifts are presents that self-employed professionals give to clients or business partners <strong>to strengthen professional relationships<\/strong>. Common examples include a box of chocolates, a bottle of wine, or VIP tickets to an event (though you must be able to prove it was a business meeting).<\/p>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">If the gift has a <strong>clear company logo<\/strong> and is of <strong>low value<\/strong>\u2014such as pens, calendars, or notebooks\u2014it is considered <strong>promotional material<\/strong> and is <strong>fully deductible<\/strong>, including VAT.<\/p>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">But what about the deductibility of regular business gifts?<\/p>\n\n\n\n<h2 id=\"business-gifts-are-tax-and-vat-deductible\" class=\"wp-block-heading font-degular scroll-mt-32\">Business gifts are tax and VAT deductible<\/h2>\n\n\n\n<h3 id=\"business-gifts-up-to-e50\" class=\"wp-block-heading font-degular scroll-mt-32\">Business gifts up to \u20ac50<\/h3>\n\n\n\n<ul class=\"wp-block-list list-disc list-outside ml-0 mb-4 space-y-2\">\n\n<li class=\"font-inter text-base text-black\">A client gift is generally 50% deductible from income tax.<\/li>\n\n\n<li class=\"font-inter text-base text-black\">If the total value per client is below \u20ac50 (excluding VAT) per calendar year, the VAT is 100% deductible.<\/li>\n\n<\/ul>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\"><strong>Example:<\/strong><br>You give a client a bottle of wine worth \u20ac40. In this case, the VAT is fully deductible, and 50% of the cost is tax-deductible.<\/p>\n\n\n\n<h3 id=\"client-gifts-between-e50-and-e250\" class=\"wp-block-heading font-degular scroll-mt-32\">Client gifts between \u20ac50 and \u20ac250<\/h3>\n\n\n\n<ul class=\"wp-block-list list-disc list-outside ml-0 mb-4 space-y-2\">\n\n<li class=\"font-inter text-base text-black\">A gift costing more than \u20ac50 (excluding VAT) but less than \u20ac250 (excluding VAT) is also 50% deductible from income tax.<\/li>\n\n\n<li class=\"font-inter text-base text-black\">However, the VAT is not deductible. You may still deduct 50% of the total amount, including VAT, from your personal or corporate taxes.<\/li>\n\n<\/ul>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\"><strong>Example:<\/strong><br>You buy a gift basket for \u20ac120 (including VAT). You cannot reclaim the VAT, but you can deduct \u20ac60 from your personal or corporate income tax.<\/p>\n\n\n\n<h3 id=\"business-gifts-over-e250\" class=\"wp-block-heading font-degular scroll-mt-32\">Business gifts over \u20ac250<\/h3>\n\n\n\n<ul class=\"wp-block-list list-disc list-outside ml-0 mb-4 space-y-2\">\n\n<li class=\"font-inter text-base text-black\">Business gifts worth more than \u20ac250 are 100% deductible, but there is a significant drawback.<\/li>\n\n\n<li class=\"font-inter text-base text-black\">Gifts valued over \u20ac250 are considered a <strong>\u201cbenefit in kind\u201d (VAA\/ATN) <\/strong>for the recipient.<\/li>\n\n<\/ul>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">As a result, you must issue a<strong> fiscal form 281.50<\/strong>, and the recipient has to declare the gift on their tax return. Not everyone is happy about this.<\/p>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\"><strong>Example:<\/strong><br>You give a client a watch worth \u20ac300. You can deduct the full cost, but your client will have to pay taxes on it.<\/p>\n\n\n\n<h2 id=\"exceptions-to-the-deductibility-of-business-gifts-in-belgium\" class=\"wp-block-heading font-degular scroll-mt-32\">Exceptions to the deductibility of business gifts in Belgium<\/h2>\n\n\n\n<h3 id=\"foreign-business-gifts\" class=\"wp-block-heading font-degular scroll-mt-32\">Foreign Business Gifts<\/h3>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">If you give a business gift during a foreign business trip, it is <strong>100% deductible for tax purposes<\/strong>.<\/p>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\">It doesn\u2019t matter where the gift was purchased or who the recipient is, as long as you can prove you were on a business trip abroad. \ud83d\ude09<\/p>\n\n\n\n<h3 id=\"tobacco-and-strong-alcohol-22\" class=\"wp-block-heading font-degular scroll-mt-32\">Tobacco and Strong Alcohol (&gt;22\u00b0)<\/h3>\n\n\n\n<p class=\"font-inter text-base leading-relaxed mb-4 first-of-type:mt-0 text-black wp-block-paragraph\"><a class=\"font-inter text-purple underline underline-offset-1\" href=\"https:\/\/www.deductibles.be\/business-gifts-tobacco-and-spirits\">The VAT on tobacco products and alcoholic beverages<\/a> with more than 22% alcohol is <strong>never deductible<\/strong>, regardless of the value of the gift. A bottle of champagne or wine is safe, but a bottle of whisky is not.<\/p>\n","protected":false},"featured_media":0,"template":"","deduction_tag":[553],"class_list":["post-15162","deduction","type-deduction","status-publish","hentry","deduction_tag-marketing-gifts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business gifts: tax and VAT deductible? | Accountable<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.accountable.de\/en\/deductions\/business-gifts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business gifts: tax and VAT deductible? | Accountable\" \/>\n<meta property=\"og:description\" content=\"If you want to buy a gift for a client, partner, or employee, you can deduct part of the cost in Belgium. 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