Hello, Can you please advise how much % is meant to be paid tax on "gifted" items through social Media when A content creator? And also with the "value" of that product can you put the wholesale price or the less price that product is online for as its not the price in what that brand pays for it.
And, is there an amount of earning that would come under keeping content creation as a "hobby" only?
Market value of gifted product is included as income. See link
See this link on determining whether you are in business.(and other answers)
Market value of gifted product is included as income. See link
See this link on determining whether you are in business.(and other answers)
Hi @Kelly.L,
Taxduck has you covered but just wanted to let you know we have a handy article for content creators like you! Check out Tax tips for social media influencers and content creators. 😊
5 Nov 2025 · 6 min read time
22 Apr 2024 · 3 min read time
22 Apr 2024 · 6 min read time
348 views
2 replies