Tax Happy Hour Gifts and Donations: VAT and Tax Treatment Explained

Gifts and donations are often treated casually in business, but the tax and VAT implications can be significant if handled incorrectly. This session provides a practical explanation of how gifts and donations are treated for income tax, donations tax, and VAT purposes. Delegates will learn when tax is triggered, how values are determined, and where professionals commonly go wrong. The session focuses on practical application rather than technical wording, helping professionals identify risk areas and apply the correct treatment. Designed for accountants and tax practitioners, this session equips delegates to confidently advise clients, ensure correct accounting treatment, and avoid unpleasant surprises during audits or reviews.