Approximately 225,000 UK Airbnb hosts are facing bills for thousands of pounds in back taxes and fines after failing to declare income from renting their properties.
It comes as the letting giant managed to strike a deal with HMRC on unpaid tax of its own. Now, an investigation has been launched by HMRC after it received income details of Airbnb’s 225,000 UK hosts.
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In this particular scenario, we would encourage customers to check their tax affairs, seeking advice where necessary, in order to amend any genuine mistakes or omissions.
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