Airbnb: understand the tax regulations
Airbnb hosts need to ensure they stay on the right side of the taxman
Last year, we learned of Revenue’s decision to look at Airbnb’s database of hosts, to identify those who have taxable earnings as a result of hosting activities. This was a concern for many hosts who had believed that the income they received was not taxable and/or that it qualified for rent-a-room relief.
However, one year on, Revenue has issued some clarifications on the correct reporting of income earned through use of Airbnb. Because ...
