Promotional gifts – Representation by gift – cost for one promotional gift may be deductible if it relates to promotional gifts forming articles of relatively low value and either are directly related to the donor selection or production, or consisting of simple gift items such as calendars or penknives. Present of this kind is often equipped with the donor company's name or trademark.
The gift should, to be considered as promotional gift, miss personal character.
Requirements for the deduction:
• Insignificant value (350 incl. VAT has been accepted by the court).
• Connections to the sensor range / manufacturing or simple gift (t.ex. calendars, penknives).
• Should not have a personal nature.
Learn more about representation and the amounts that apply to deductible representation the income year in!