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Can SA influencers afford to ignore Sars?
South Africa’s influencer industry is flourishing, with marketing spend in SA set to surpass R500 million in 2024. SARS is tracking influencer income for undeclared earnings and many influencers risk penalties by not treating their works a business or filing taxes. Business DAY TV spoke
Starting a business in 2025? Here’s how to get funding
South Africa’s SMEs are always in need of growth funding to take the business to the next level. An average of only one in five ever get the financial help they require despite the significant resources available to them to get their funding application over
As influencer economy thrives, SARS raises the stakes for compliance
With South Africa’s influencer economy on an upward trajectory, it is reported that the spotlight on influencers is intensifying, not just from brands eager to partner but also from the South African Revenue Service (SARS). The recent 2024 South African Influencer Benchmark Report highlights that
Tax tips for South African influencers to avoid SARS penalties
Digital marketing expenditure in South Africa is set to surpass R500 million this year and is forecasted to exceed R850 million by 2030. As the industry expands, online influencers are emerging as key economic drivers, cashing in on substantial earnings. Much like the gig economy,
SA entrepreneurs must learn to invest in themselves
By Luncedo Mtwentwe Running a small or new business in South Africa asks a lot of business owners. They are expected to master a multitude of roles ranging from sales director to financial director, and even HR officer. Ask any of the estimated 2.7 million
4 ways entrepreneurs can invest in themselves
Running a small or new business in South Africa asks a lot of business owners. They are expected to master a multitude of roles ranging from sales director to financial director, and even HR officer. Ask any of the estimated 2.7 million SMMEs in the