I'm giving out butter cookies as Christmas present this year, instead of cupcakes. Not to say that cupcakes are so last year :p, but just thought of trying something different.
Christmas trees made out of butter cookies (Must be quite delicious till mum can't stop eating - the non decorated ones from the excess dough) and decorated with royal icing (meringue powder and not raw egg white). Star and presents made out of fondant.
The ones packed during the first morning to be given out were with extra card board "protection" because the royal icing has not quite harden yet. I packed these later in the afternoon and they were all great for directly packing into the cookie bags. :)