Receiving gifts from clients or suppliers is part of working with other people. To cover their employees and themselves, companies must adopt a policy on gifts. The policy should set a threshold amount over which all gifts received while working must be reported and recorded in a register. Gifts may include money, sponsorships, goods, tickets to events, free or partly-paid holidays, rebates, etc. All gifts, no matter the value, should be reported. Any person that fails to adhere to the policy may be subject to disciplinary action or dismissed if found guilty. #StaySmart
(Please note: This is only general advice and should not be relied on solely. The law is complicated and there are many influencing factors that can change the above).