TAX QUESTIONS? YOU ASK LAH!
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Q: I am a Xiaohongshu food review creator. I am often invited by restaurants to try their food and post review content. The restaurant provides free meals worth RM250 as reward. Is this reward considered a taxable income?
A: Yes, it is a taxable income. The free meals worth RM250 received in exchange for posting reviews are considered non-cash business income of a social media influencer and must be declared as a taxable income.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru
