Promotional Vouchers
Sevren
Registered Posts: 101 Dedicated contributor 🦉
Hi - I think this is straight forward, but any experience would be welcomed. I have a customer who wants to set up a sales loyalty scheme whereby his customers get M&S vouchers etc etc.
My understanding is that on the face of it, this is not so much a loyalty scheme but a business gift.
My advice so far is that the only way that this can be allowed for tax is if the vouchers are emblazoned with the companies logo so that it moves from being a gift to a promotional item.
Does anyone know otherwise ?
Many thanks
My understanding is that on the face of it, this is not so much a loyalty scheme but a business gift.
My advice so far is that the only way that this can be allowed for tax is if the vouchers are emblazoned with the companies logo so that it moves from being a gift to a promotional item.
Does anyone know otherwise ?
Many thanks
0
Comments
-
nice try, but putting a logo on the vouchers will not help. Quote from my ATT notes
'Business Entertainment is not allowable, except for gifts (excluding food, drink, tobacco and vouchers exchangeable for goods) incorporating a conspicuous advertisment....'
My notes are from about 5 years ago, but I don't think that the rules would have changed.
If they want to get tax relief, they'll have to give the customers pens and post-it notes!0 -
Hi
Have they concidered a retrospective discount scheme instead?
I have this with BT if I spend a certain amount I get a percentage back at some point in the future.
Poodle0 -
Sevren,
I have an interesting article on promotional gifts to customers, outside of the normal pens & postit notes.
If you PM me your email address, I shall scan it and forward it to you.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 583 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership