I'm a sole trader and for the life of the business have been purchasing between $50 and $100 gift cards for staff at the institutions who regularly supply me work and also select clientele.
I'm wondering, is there a limit to the amount of gift cards a sole trader can claim for these purposes?
Hi @SoletraderJT,
There isn't a limit to the number of gift cards you can give. As long as the gift cards you are gifting are not classed as entertainment. They would be tax deductible.
We had another member ask a similar question you may find helpful.
Hi @SoletraderJT,
There isn't a limit to the number of gift cards you can give. As long as the gift cards you are gifting are not classed as entertainment. They would be tax deductible.
We had another member ask a similar question you may find helpful.
Thanks for your reply Daniella. Much appreciated
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