Airbnb will start reporting homeowners income to tax man

Useful information for all landlords in UK. Tips, tricks and guides how to rent your property and how to find the right reliable tenants. Rent Direct UK team and our members are ready to help you and all our members are free to post comments and articles on our new forum.

Airbnb will start reporting homeowners income to tax man

Postby Dolphin » Mon May 21, 2018 7:06 pm

Could this be happening here too?
Airbnb will automatically report homeowners' income to tax authorities in Denmark under a landmark move.

It will make it easier to spot tax evasion by homeowners renting out rooms and properties via the site.

Danish tax minister Karsten Lauritzen said the country wants a "sharing economy" to flourish, but on condition taxes are paid.

The move - which needs clearance in parliament - comes as several countries try to rein in Airbnb tax evaders.

In addition to the issue of taxes, Airbnb is blamed for pushing up house prices in major cities and taking away business from hotels and B&B outlets.

continue reading -
Site Admin
Posts: 1256
Joined: Tue Apr 19, 2011 8:09 pm

Return to Landlord Property News