Tax clampdown on social media freebies could impact small businesses
Tax clampdown on social media freebies could impact small businesses - influencer Newshub 4 hrs ago © Image - Getty / Video - The Project Watch: Influencer Rachel Grunwell speaks to The Project. A Kiwi influencer says Inland Revenue's move to tax gifted items may impact small businesses who use content creators for exposure. In a draft statement published this week, the IRD gave further guidance over what going to be taxed for social media content creators. The statement suggests gamers, streamers, bloggers, influencers and artists could be liable to pay tax on any free products they'v...