🇲🇾 Can I claim tax deduction for mooncake purchase?

Yes, gifting mooncakes can have tax benefits! Here's how you can save on taxes while spreading joy:

1️⃣ Client Gifts: Mooncakes gifted to clients as part of marketing/promotion may be deductible, but there’s a cap!

2️⃣ Employee Benefits: Mooncakes given to staff can count as employee benefits and are usually deductible.

3️⃣ Personal Use: Mooncakes for personal consumption? Sorry, no tax deduction!

📌 Keep your invoices and make sure the packaging includes your company logo for tax claims!

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