The Swedish Tax Agency sets stricter taxation rules that will affect all who sponsor influencers with products and services. Boostified’s solution pays influencers taxations and helps companies to sponsor without hassle.
All jobs/payments are going to be taxed somehow, but how? From January 2019, and for some employers already July 2018, new rules will apply for the employer’s declaration. All registered employers are required to report payments and deductions at individual level each month. That is, everything from cash, products, services, press releases, loan clothes, (non-protective clothing) etc. becomes a payment that will have to be taxed.
The questions are endless and it’s not easy to keep an eye on everything. Our goal is to become a filter for influencers and companies. We want them to be able to focus on their brands and we assist with administration. The demand for sending out products to influencers is big.