Social Media Income Under the Microscope | SARS Rules Explained
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Social Media Income Under the Microscope | SARS Rules Explained
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Ensure that all your income is fully compliant. Learn how to manage your taxes and avoid penalties: https://bit.ly/47AvDcV
Join Jashwin Baijoo, Associate Director and Head of Strategic Engagement & Compliance as he discusses SARS’s latest focus on social media influencers and content creators during his SAfm interview with Jimmy Moyaha.
Learn what income must be declared, how SARS tracks worldwide earnings, and practical steps for influencers to stay compliant.
#SARSCompliance #InfluencerTax #DigitalEconomy
What You Will Learn:
00:00 – Introduction
00:15 – SARS targets social media influencers and digital content creators
01:12 – Definition of gross income and worldwide income obligations
02:12 – Practical implications for South African residents working abroad
03:11 – Importance of tax advisors and record-keeping
04:10 – Educational resources and webinars available for influencers
05:08 – How brand deals, sponsored content, and non-cash income are treated
06:53 – Global information exchange and tracking foreign income
07:16 – Closing insights and recommendations
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