When do you give a corporate gift to your employees?
Posted: Tue Jan 28, 2025 4:58 am
There are several times during the year when you can show your appreciation for your staff in the form of a gift.
Employee Day. Every employee is important, which is why Employee Day was created. Do you also celebrate it with your staff? The next employee day will be on April 17, 2025.
Employee Birthday Gift. Giving a gift on an employee's birthday is of course super thoughtful and much appreciated.
Christmas gift or year-end gift staff. This is, of course, a traditional time to thank your employees.
New Year's gift staff. Some employers are also taking advantage of the new year to inspire their colleagues.
Gift wedding colleague. Of course you want to celebrate this special moment with an original and beautiful gift.
Is VAT deductible on gifts to staff?
You cannot always deduct the VAT on business gifts, such as gifts jordan mobile numbers list to your employees. This is regulated by the "Exclusion of Deduction of Input Tax (BUA) Decree.
A gift to staff falls into the category of employee benefits for the tax authorities, which also includes, for example, housing, fitness and wages in kind. As an employer, you cannot deduct the VAT on these if:
your employees, if they bought the gift themselves, could deduct less than 30% VAT, and
you go over the threshold amount of €227 (excluding VAT) per beneficiary.
If the cost of your gift for your employees and other employee benefits stays under €227, then you may deduct the VAT. If you go over this amount, then the costs above the threshold amount are not deductible. You can find a more detailed explanation of these regulations on the website of the Tax Office.
Employee Day. Every employee is important, which is why Employee Day was created. Do you also celebrate it with your staff? The next employee day will be on April 17, 2025.
Employee Birthday Gift. Giving a gift on an employee's birthday is of course super thoughtful and much appreciated.
Christmas gift or year-end gift staff. This is, of course, a traditional time to thank your employees.
New Year's gift staff. Some employers are also taking advantage of the new year to inspire their colleagues.
Gift wedding colleague. Of course you want to celebrate this special moment with an original and beautiful gift.
Is VAT deductible on gifts to staff?
You cannot always deduct the VAT on business gifts, such as gifts jordan mobile numbers list to your employees. This is regulated by the "Exclusion of Deduction of Input Tax (BUA) Decree.
A gift to staff falls into the category of employee benefits for the tax authorities, which also includes, for example, housing, fitness and wages in kind. As an employer, you cannot deduct the VAT on these if:
your employees, if they bought the gift themselves, could deduct less than 30% VAT, and
you go over the threshold amount of €227 (excluding VAT) per beneficiary.
If the cost of your gift for your employees and other employee benefits stays under €227, then you may deduct the VAT. If you go over this amount, then the costs above the threshold amount are not deductible. You can find a more detailed explanation of these regulations on the website of the Tax Office.