Airbnb & Form 11

LLcoolJ27

Hi,
can anyone tell me where I need to include income for short term accommodation (Airbnb) on the form 11? Is it on the ‘Irish Rental Income’ section? I can’t seem to find this information anywhere. Also, I have a number of expenses which can be deducted from my Airbnb income.

Thanks in advance for your help.

antix80

Here you go ..
https://www.revenue.ie/en/property/rental-income/irish-rental-income/index.aspx
https://www.irishexaminer.com/breakingnews/farming/many-airbnb-hosts-likely-to-pay-up-to-52-taxes-on-income-arising-from-hosting-876604.html
https://www.taxback.com/blog/airbnb-expenses/

Your income is probably considered Case 1 but have a read through the above articles.

Income from providing short term guest accommodation
You may have income from providing accommodation to occasional visitors for short periods. For example you may provide the accommodation through an online accommodation booking site.

This income is not considered to be rental income. This is because the visitors use the accommodation as guests, rather than as tenants.

Income from providing short term guest accommodation is taxable as either:

other income (Case IV) where the income is occasional in nature
trading income (Case 1) where you are trading as an ongoing business, such as a bed and breakfast or a guesthouse.
You must declare this income to Revenue under the appropriate category using either a:

Form 11 for self-assessed taxpayers
Form 12 for PAYE employees.