{"id":220018,"date":"2022-06-07T06:06:00","date_gmt":"2022-06-07T05:06:00","guid":{"rendered":"https:\/\/www.pearlaccountants.com\/?p=218814"},"modified":"2023-05-22T15:04:08","modified_gmt":"2023-05-22T15:04:08","slug":"paying-tax-on-uk-airbnb-income","status":"publish","type":"post","link":"https:\/\/www.pearlaccountants.com\/blogs\/paying-tax-on-uk-airbnb-income\/","title":{"rendered":"Paying tax on UK Airbnb income"},"content":{"rendered":"\n

Renting your property on Airbnb has become an excellent way for many property owners and landlords to earn extra cash. If you live in the UK, a short-term property let (more commonly known as a Furnished Holiday Lets (FHL),<\/a> has some great tax benefits, but you also need to be aware of them and pay tax on your Airbnb income correctly.<\/p>\n\n\n\n

It is always better to be on top of your tax matters so that you do not risk tax penalties somewhere down the line, especially when tax benefits and allowances can work to your advantage as a host.<\/p>\n\n\n\n

It is an intelligent way of bringing in extra income, mainly thanks to the rapid rise of Airbnb and favourable buy-to-let tax rules.<\/p>\n\n\n\n

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