Keeping track of gifted products (and services) is not only important for maintaining positive relationships with brands and maximizing your earnings potential as an influencer, it's also essential for staying on top of your tax obligations. Recently, the issue of gifted goods and services and their impact on income tax obligations has been in the spotlight. More than ever, influencers and creators need to ensure that they’re staying ahead of their tax obligations.
We’ve got you covered! The Business Of Influence Gifted Product Register template is easy to use and will help you keep track of all the gifted items you receive from brands, plus important details like the estimated value of the item, the social media platform where you plan to feature it, and the date that you plan to post it. There’s also some handy tips on how you can use this information for future brand engagements, plus much more!