To the taxman, that free hotel stay isn't a perk, it's income. From TikTok & YouTube to freelance writing, if you create content for a living, you aren't just a creative; you are a business, and that comes with a specific set of tax traps.



Renganathan Kannan, Executive Director at TRATAX, joins us to debunk the dangerous myths of the gig economy: from why AdSense isn't tax-free foreign income to why your "gifts" need a fair market value



We discuss:




The "Badge of Trade": Why systematic content creation is classified as business income, regardless of whether you registered a business or not.


The "Free" Holiday Trap: How to calculate the taxable Benefit in Kind (BIK) when a brand pays for your hotel stay or sends you expensive products in exchange for a review.


AdSense is NOT Foreign Income: Busting the myth that USD earnings from YouTube or Patreon are tax-exempt foreign source income.


Optimising Deductions: How to legally claim expenses for makeup, travel, and even a portion of your home rental if used as a studio.


Hobby vs. Business: The thin line between tax-free capital gains (selling a stamp collection) and taxable business income (systematic trading).

To the taxman, that free hotel stay isn't a perk, it's income. From TikTok &amp; YouTube to freelance writing, if you create content for a living, you aren't just a creative; you are a business, and that comes with a specific set of tax traps.Renganathan Kannan, Executive Director at TRATAX, joins us to debunk the dangerous myths of the gig economy: from why AdSense isn't tax-free foreign income to why your "gifts" need a fair market valueWe discuss:<ul><li>The "Badge of Trade": Why systematic content creation is classified as business income, regardless of whether you registered a business or not.</li><li>The "Free" Holiday Trap: How to calculate the taxable Benefit in Kind (BIK) when a brand pays for your hotel stay or sends you expensive products in exchange for a review.</li><li>AdSense is NOT Foreign Income: Busting the myth that USD earnings from YouTube or Patreon are tax-exempt foreign source income.</li><li>Optimising Deductions: How to legally claim expenses for makeup, travel, and even a portion of your home rental if used as a studio.</li><li>Hobby vs. Business: The thin line between tax-free capital gains (selling a stamp collection) and taxable business income (systematic trading).</li></ul>

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