What do we think?, I'm guessing probably not. It seems officially, if an influencer is regularly receiving gifted items from the same source, if those gifted items amount to a value of over £250 within a 12 month period, the monetary value should be being declared within their tax return as it is officially classed as income. That is what I have read online anyway, and it makes sense to me and covers an area which is a bit of a loophole influencers exploit.
Big ticket items, holidays etc would go over the £250 cut off straight away, but I can't see people like, Clemmie Telford for example who didn't realise she no longer qualified for child benefit despite it all being quite clear where to declare it on your tax return , knowing that gift value should be declared.
Big ticket items, holidays etc would go over the £250 cut off straight away, but I can't see people like, Clemmie Telford for example who didn't realise she no longer qualified for child benefit despite it all being quite clear where to declare it on your tax return