Tax Advice - Airbnb Company

NoQuarter · 27-07-2016 12:17PM #1

Hi all

I'm looking to engage someone for some tax structuring advice on an Airbnb business.

The advice I need includes asset ownership advice, corporation tax advice, company residency advice with an offshore element, payroll advice and CGT advice along with other general advice.

Sounds like a lot but it will all be discreet points.

Can anyone recommend an adviser? Do I need a tax consultant? Do they give formal opinions? And I am an individual at the moment so obviosuly dont have the cash to engage any of the Big 4 or the larger firms.

Thanks

CIARAN_BOYLE · 27-07-2016 12:57PM

NoQuarter wrote: »

Hi all

I'm looking to engage someone for some tax structuring advice on an Airbnb business.

The advice I need includes asset ownership advice, corporation tax advice, company residency advice with an offshore element, payroll advice and CGT advice along with other general advice.

Sounds like a lot but it will all be discreet points.

Can anyone recommend an adviser? Do I need a tax consultant? Do they give formal opinions? And I am an individual at the moment so obviosuly dont have the cash to engage any of the Big 4 or the larger firms.

Thanks

You need to go to a small firm, try your local area. Type accountant and tax advisor and your area into google and you will get a few people to contact.

Get e-mail addresses from the website and send out a brief e-mail explaining what you are looking for and asking them to quote you for an initial consultation and an ongoing service.

NoQuarter · 27-07-2016 01:49PM

I'm based in London so it's a bit awkward, I can't just drop in to a small local firm (I'm looking for Irish advice I should say). I have tried google but nothing is jumping out at me as overly relevant, especially with the offshore advice I'll need.

Hollister11 · 27-07-2016 01:53PM

This is the company my parents use for their rental accouts - ASM Accountants

They have offices in

Belfast
Dundalk
Dungannon
Magherafelt
Newry

I would recommend them as there very efficient. My folks usually get accounts a day or 2 after handing over the figures.

NoQuarter · 27-07-2016 03:17PM

Thanks, I'll give them a call.

Happy if anyone else has other recommendations. It seems harder to find than you'd imagine! Just to get some business structuring advice!

Mrs OBumble · 27-07-2016 04:57PM

Don't call it an AirBnB business. Can it a BnB, which happens to get a proportion of it's bookings from on-line booking systems. AirBnB doesn't have to be the only site you use, especially if you really are running it as a business.

NoQuarter · 27-07-2016 05:24PM

Does it make any difference what I call it?

Graham · 27-07-2016 05:29PM

NoQuarter wrote: »

Does it make any difference what I call it?

Personally I'd stick with your description, it gives a much clearer picture of the type of business.

27-07-2016 07:34PM

NoQuarter wrote: »

Hi all

I'm looking to engage someone for some tax structuring advice on an Airbnb business.

The advice I need includes asset ownership advice, corporation tax advice, company residency advice with an offshore element, payroll advice and CGT advice along with other general advice.

Sounds like a lot but it will all be discreet points.

Can anyone recommend an adviser? Do I need a tax consultant? Do they give formal opinions? And I am an individual at the moment so obviosuly dont have the cash to engage any of the Big 4 or the larger firms.

Thanks

I'm quite familiar with these structures. I've sent you a PM.

Tax Advice - Airbnb Company

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