Tax benefits of gift vouchers

Are you thinking about the best way to treat your employees, close friends or family members? Think about giving them a gift voucher from the Hautes Fagnes estate, a gift that promises to provide them with unforgettable moments in an exceptional setting.

1) VAT deduction :

The general rule is that VAT on business gifts is deductible only if the gift is given as part of a business relationship and the unit price is less than €50 excluding VAT. VAT is never deductible on tobacco and spirits (over 22° alcohol).

2) Income tax deduction

The general rule is that business gifts are deductible at 50%. The non-deductible portion is added to the tax base through disallowed expenses.

The €125 ceiling:

However, it should also not be overlooked that in the case of gifts with a value exceeding €125, this will be taxable in the hands of your business relation as this gift will be considered a benefit of any kind for which a form 281.50 must be drawn up.

In the case of gifts given to members of staff, the tax deduction depends on the event on which the gift is given and the amount of the gift.

In all cases, if the ceiling set by the authorities is not exceeded, these gifts benefit from an advantageous tax regime since they are deductible at 100%, exempt from employer contributions and not taxable in the hands of the beneficiary.

Please note that gifts to mark 25/35 years of service or to mark an exceptional event are not deductible for the employer.
With regards to VAT, it is deductible if the gift does not exceed €50 per worker annually.

To give these gifts to workers, it is also possible to use gift vouchers, which are available from retailers, hotels, restaurants, etc.

With Domaine des Hautes Fagnes gift vouchers, simply call our reception to arrange the use of your gift. Easy and quick!