Airbnb are now required to provide the Irish Revenue with the following information:
- Your first and last name
- Address of you listings
- Your address as associated with your payment method
- Amounts paid out in the reportable year, including cleaning fees
- Date of your first booking during the reportable year, by listing
Airbnb hosts have come under increased scrutiny from Irish Revenue. If you are a homeowner a room in your home on Airbnb, then you are required to file an income tax return. Revenue have recently issued guidance on Airbnb lettings confirming that they do not qualify for the Rent A Room Relief exemption.
If you are an Airbnb host or a landlord considering hosting your properties with Airbnb, we provide effective tax solution to minimise your exposure to income tax while maximise the amount of profits you can extract tax effectively.