• Advertise
  • About
  • RSS News Feeds
  • Contact
Sunday, May 31, 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

KZN Police Commissioner’s Claims Spark Calls for Retired Chief Justice’s Insight

July 9, 2025

Caller Slams Ndlozi During Power FM Interview, “Don’t Address Issue As If You Are In Parliament”

September 6, 2025

Batohi Urges Public to Reserve Judgement as Madlanga Inquiry Hears Explosive Allegations

September 20, 2025

VIDEO: A woman refuses to pay back Lobola. Allegedly she got married but refuses the marriage

September 20, 2024

Bonelela Mgudlwa Says His Wife Anele Has No Connection to the Issues Under Scrutiny

April 5, 2026

South Africans Mourn the Passing of Beloved Vodacom Mkhulu at 80

September 16, 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

Bafana Bafana’s Mexico Trip Delayed by Visa Issues

May 31, 2026

Zuma and Ngizwe Mchunu Discuss Anti-Immigrant Protests in Phone Call

May 30, 2026

Security Officer Shot & Killed During Mall Robbery In Moutsiya

May 30, 2026

Former Big Brother Mzansi Star: “I Can’t Afford to Leave My Accounting Career Again

May 30, 2026

Recent News

Bafana Bafana’s Mexico Trip Delayed by Visa Issues

May 31, 2026

Zuma and Ngizwe Mchunu Discuss Anti-Immigrant Protests in Phone Call

May 30, 2026

Security Officer Shot & Killed During Mall Robbery In Moutsiya

May 30, 2026

Former Big Brother Mzansi Star: “I Can’t Afford to Leave My Accounting Career Again

May 30, 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

Bafana Bafana’s Mexico Trip Delayed by Visa Issues

May 31, 2026

Zuma and Ngizwe Mchunu Discuss Anti-Immigrant Protests in Phone Call

May 30, 2026

Security Officer Shot & Killed During Mall Robbery In Moutsiya

May 30, 2026

Former Big Brother Mzansi Star: “I Can’t Afford to Leave My Accounting Career Again

May 30, 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