What can you say to give and receive presents in English? English families generally open presents together and these are some common phrases.

When you are giving a present to someone you know well, you can say…

This is for you.
I thought you might like this for Christmas…
It’s only something small, but I hope you like it.
I thought this might go well with your (new dress / Prada bag..)

Receiving
Thank you so much! It’s lovely / fantastic / wonderful.
It’s something I’ve always wanted!
Wow! What a thoughtful present!

If you don’t like something
Thank you so much!
How kind of you!
It’s lovely, thank you!

What to write on present tags
To (name) with love from (name)
WIshing you a happy birthday, love (name)
With our love to you, (names of givers)
On a present to a non-family member
With best wishes for a happy Christmas, (name)