Airbnb Properties – Tax Impact for Change in Use

Properties rented out for short-term accommodation and as well as being used by property owners come under the Mixed-use asset rules. The mixed-use asset rules limit deductions in relation to the property and any excess deductions are quarantined and offset against future year’s rental income.

Tax Updates

by Sheral Reddy, Associate Director at GECA Chartered Accountants. If you need help with tax advice including end of financial year preparation, then Sheral and the GECA team can help.