• Advertise
  • About
  • RSS News Feeds
  • Contact
Friday, July 10, 2026
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
    • FIFA World Cup
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise
No Result
View All Result
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
    • FIFA World Cup
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise
No Result
View All Result
No Result
View All Result
Home Entertainment

SARS Warns Influencers: Freebies and Perks Are Taxable Income

October 13, 2025
0
SARS Warns Influencers: Freebies and Perks Are Taxable Income
0
SHARES
Share on FacebookShare on Twitter

The South African Revenue Service has confirmed that influencers must declare all sponsored gifts, trips and perks as taxable income or face penalties, interest & audits.

According to Danielle Luwes, tax director at Hobbs Sinclair, the influencer economy has blurred traditional income lines, with many creators earning through brand deals, experiences, and luxury perks rather than cash.

SARS now classifies influencers as a distinct taxpayer group, similar to freelancers, clarifying that “income” includes any goods or services received in exchange for promotion. This means everything from designer clothes & tech gadgets to allexpenses-paid travel must be declared.

Failure to comply could result in hefty penalties and reputational damage. Luwes advises influencers to keep detailed records and remember that “those ‘free’ clothes, gadgets or meals aren’t really free — SARS expects you to assign a value to them and declare it.”

While SARS says it will initially focus on education and outreach, it has warned that increased compliance monitoring is on the way.

Previous Post

Mbalula Says ANC Don’t Need To Take Mogotsi To Court Like Zuma Because Zuma Was A Member

Next Post

Kenny Kunene Gives EFF’s Sinawo Thambo 48 Hours to Retract “Defamatory” Posts

Azalibone Mthethwa

Education: A+ Diploma in Journalism ( 2017) Experience: Senior Journalist - Current Affairs Writer Email: info@ireportsouthafrica.co.za

Related Posts

Magistrate Behind Controversial Joe Ferrari Sibanyoni Ruling Retires Amid Disciplinary Complaint

June 2, 2026

Ace Magashule Pleads Not Guilty in R255 Million Asbestos Corruption Case

April 16, 2025

South African Political Journalist Tshidi Madia Passed Away After Short Illness

August 27, 2025

Baartman Saga Takes a Twist: Kaizer Motaung Jnr Drops Dramatic Statement on New Signing

November 16, 2025

Malema Under Fire Again: Karyn Maughan Says New Claims Could Tighten The Noose Around EFF Leader

June 26, 2026

Watch: Minister Bheke Cele accused Ukhozi FM DJ Zim Dollar for promoting the killing of police using public broadcast

September 18, 2024
Next Post

Kenny Kunene Gives EFF’s Sinawo Thambo 48 Hours to Retract “Defamatory” Posts

  • Trending
  • Comments
  • Latest

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0

Watch: Leaked Video Shows Zulu King Misuzulu Insulting Wife Queen Nomzamo

July 10, 2026

Ramaphosa open to extending Madlanga Commission deadline

July 8, 2026

Contract Bombshell: Why Kaizer Chiefs Are Terrified Of Losing Glody Lilepo For Absolute Free

July 7, 2026

Pictures Of Robert Marawa and Thando Left Everyone Talking

July 7, 2026

Recent News

Watch: Leaked Video Shows Zulu King Misuzulu Insulting Wife Queen Nomzamo

July 10, 2026

Ramaphosa open to extending Madlanga Commission deadline

July 8, 2026

Contract Bombshell: Why Kaizer Chiefs Are Terrified Of Losing Glody Lilepo For Absolute Free

July 7, 2026

Pictures Of Robert Marawa and Thando Left Everyone Talking

July 7, 2026

SA Leading Digital News. All the latest breaking news from across South Africa in one stream.

Advertise with us: info@ireportsouthafrica.co.za

Follow Us

Main Menu

  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
    • FIFA World Cup
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise

Recent News

Watch: Leaked Video Shows Zulu King Misuzulu Insulting Wife Queen Nomzamo

July 10, 2026

Ramaphosa open to extending Madlanga Commission deadline

July 8, 2026

Contract Bombshell: Why Kaizer Chiefs Are Terrified Of Losing Glody Lilepo For Absolute Free

July 7, 2026

Pictures Of Robert Marawa and Thando Left Everyone Talking

July 7, 2026
  • Advertise
  • About
  • RSS News Feeds
  • Contact

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
    • FIFA World Cup
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Exit mobile version