We're buying a token gift (value no more than £20) for our three grown-up kids and for each other this year. Other than that we've told the kids not to buy for us but instead have asked them to make a donation to charity.
We're perfectly capable of buying ourselves anything we need or want, so there's no point in us anguishing over what to buy for each other, particularly as neither of us really need anything anyway. We'll be making donations to our chosen charities instead.
We've agreed with our respective brothers and their wives that we'll skip presents and that has pleased everyone!
We're buying a gift for my OH's mother, as she always buys something for each of us. She usually does so in about March, so it's too late to tell her not to! We're also buying for OH's sister as I think she might not like the idea of not exchanging presents. Other than that, its presents for children only.