Winter feature spells end of Christmas present season (8)

I believe the answer is:

snowfall

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'winter feature' is the definition.
(there may be snow in winter)

'end of christmas present season' is the wordplay.
'end of' suggests the final letters.
'present' becomes 'now' (both can mean the current period).
'season' becomes 'fall' (alternative name for autumn).
The final letter of 'christmas' is 's'.
's'+'now'+'fall'='SNOWFALL'

'spells' is the link.
I am not very happy about this link. It may be part of another bit of the clue.

Can you help me to learn more?

(Other definitions for snowfall that I've seen before include "What may appear in winter" , "Cold weather feature" , "Precipitation dropping in the form of ice crystals" , "Dropping of flakes" , "Descent of white flakes" .)

I've seen this clue in The Guardian.

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