When it comes to VAT-redeemable customer gifts , it can sometimes be difficult to know what qualifies. Generally, any promotional item that can be considered a business gift is eligible for VAT recovery. This can include items such as pens, t-shirts, and keychains bearing your company logo. On the other hand, gifts that are considered benefits in kind are not eligible for VAT recovery. This includes concert tickets, invitations to sporting or cultural events, and business trips. It is generally advisable to consult an accountant or tax advisor regarding VAT-redeemable customer gifts .
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