Claiming corporate or promotional gifts as a tax deduction is possible. However, you must meet certain requirements.
The gifts have to have your company name on them so that they are easily identifiable as a corporate gift.
The gift must be part of a total campaign, where a number of your clients receive the same gift. For example, you can not buy a personal diary for only one client. Gifts that are seen as personal "enrichment" for one person can not be claimed.
However, you are giving that gift as a sample, as the client is a reseller, then it can be seen as a promotional item.
When giving gifts like wine, be sure to add your company's personalised label. Over and above this ensure that you corporate gifting company supplies a sales invoice that clearly states that the wone has customised labels with a company logo on it. You may be required to provide a copy of this invoice as proof that the wine order was for promotional gifts. If you want to be 100% sure, then even take a photo of the bottles with the label on it.
Should you need any further information about branded corporate gifts, contact us on [email protected] or visit us on www.belleregalo.com