Field help:
(2020)
Gifts
Gifts (deductible)
Enter here non-deductible and deductible expenses for gifts.
Gifts to business partners: Gifts are deductible as business expenses, provided the expenditure per person and year does not exceed 35 Euro. The amount of 35 Euro applies to entrepreneurs subject to VAT without VAT, and to entrepreneurs not subject to VAT (small business owners, doctors) including VAT. Costs for labelling the gift as an advertising medium are considered when determining the limit, but excluding shipping and packaging costs.
The 35-Euro limit is not an allowance, but an exemption limit: If the costs exceed the amount of 35 Euro per person, they are not deductible as business expenses in total. These non-deductible amounts must also be entered in this line.
Note: You must enter expenses for gifts individually and separately from other business expenses or register them in a separate account book.
SteuerGo: The limit of 35 Euro does not apply if the recipient can only use the gift in his business (R 4.10 para. 2 sentence 4 Income Tax Regulations (EStR)). Business-related gifts to employees of your company are fully deductible and must be declared.
