My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

ArchiveJuly 2015

The UK emergency budget July 2015 and how it affects Airbnb Hosts

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There were some changes in the UK emergency budget this year that took many by surprise including me. The changes are not directly aimed at Airbnb hosts but will affect anyone who derives an income from property in some way. 1. The increase in the rent a room tax free allowance from £4250 to £7500 a year from April 2016 is excellent news for Airbnb hosts. Hosts earning £7500 or less will not need to declare any income to HMRC. 2. The end of the 10% wear and tear allowance for landlords (a non-cash deduction on gross rent) will end in April 2016. 3. A phased withdrawal of tax relief on...

My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

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