…. be a sneaky Santa Do you give gifts to your clients at Christmas? Use this as an advertising opportunity and make a tax deduction! Remember that you cannot claim a deduction if the gifts to clients are food, drink, tobacco or gift tokens. To be an allowable business expense, the gift must carry a prominent advertisement for your business, and there is a limit on the cost to £50 per client. So, forget the whisky and cigars – put diaries, calendars and mouse mats in your Santa gift sack.   If you want any information on any of our handy Tax Tips, please contact one of the S4B Team at [email protected] or call 01628 623444. S4B are a team of Profit Consultants and Chartered Accountants in Maidenhead. Look out for the next 6 Tax Tips of Christmas in our next S4B Newsletters!