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Income from self employment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Income from self employment

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 28, 2020 at 9:32 pm #569456
    aarti2407
    Member
    • Topics: 36
    • Replies: 8
    • ☆

    Sir in one of your video lectures, you mention that in case of gifts to customers, the cost price, to the individual, should be less than 50 pounds. But I was just wondering if this applies to gifts to customers for promotional purposes/ marketing also?

    May 2, 2020 at 10:07 am #569758
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    If they were marketing costs – providing customers with product samples – not gifts – those costs would be allowable

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