Short term rental market is a target-rich environment for Revenue inspections and audits.
Airbnb hosts targeted by Revenue
This is an easy target for Revenue compliance campaigns and Revenue audits. Revenue differentiates very clearly between rent-a-room tax exemption and Airbnb type short-term lettings. We’ve acted for many taxpayers in these cases where Revenue use third party information to ground their action.
Airbnb now requires hosts to provide their PPS Number and give the local property ID of the premises in question. This makes an already transparent breadcrumb trail even easier for Revenue to follow. #taxes #taxaudit #shorttermrentals #lettings
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Inter-Practice Advice
Specialist advice for Solicitors, Accountants and other professionals whose clients need dedicated taxation expertise from time to time. Trusted, discreet and confidential service.
Legal Professionals:
- Revenue enquiries / Revenue Audits / Revenue Settlements
- Investigation and Prosecution Division enquiries
- Capital Acquisitions Tax queries and advice
- ROS filing of CAT documents
- CAT Audit
- Capital Gains Tax provisions
- Income Tax rent provisions & arrears settlements
- Succession planning
Accounting Professionals:
- Second opinion advisory
- Revenue enquiries / Revenue Audits / Revenue settlements
- Investigation and Prosecution Division enquiries
- CAT queries and advice
- CGT provisions
- Tax planning and tax efficient strategies
- Tax Incentives for business – start-up and growth
- Inward investment to Ireland
- Exporting & growth strategies
- Succession planning
Expert, Confidential, Discreet
Expert, confidential and discreet taxation for your clients, either directly or at arm’s length. It’s up to you. Be certain your clients are exploiting every applicable taxation opportunity.
