Tax Audit Crackdown on Airbnb hosts

by admin

Tax Audit Crackdown on Airbnb hosts

by admin

by admin

As we mentioned in our blog last year, The Revenue Commissioners are continuing to analyse the tax compliance of Airbnb hosts and short-term lets.

Revenue have confirmed they are closely examining short-term lettings such as Airbnb and is a focus of their compliance team and may be upscaled to a compliance project.

12,000 letters issued by Revenue last year, advised taxpayers to include Airbnb income in their tax returns. As we highlighted previously, if you are in receipt of rental income through the Airbnb website, your rental income will be subject to 20% or 40% tax depending on your circumstances.

Read our previous blog here

Should you have any queries on this issue, please contact us on 01 5397999 or request our rental income form and application here

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