Generating revenue from residential properties has grown in popularity through online booking platforms such as, Airbnb, bookabach and holidayhouses.co.nz, which has led many to rent out their properties on a short term basis. This, combined with the varied nature of such rentals, present several issues for advisors of such clients to deal with.
Advisors also need to understand upcoming changes to rules that will impact short-term property rental, such as the proposed introduction of loss ring-fencing and capital gains tax. There are also some changes afoot in terms of GST including the calculation of GST where there is an element of private use. This presents a number of new challenges for advisors of clients letting properties on websites such as Airbnb.
This webinar will work through the various taxation issues and commercial considerations that advisors need to be aware of, including:
By attending this course you will get a better understanding of the current issues that taxpayers will face when they rent their property/homes short term, especially via online platforms likes Airbnb, bookabach etc
CAs/Lawyers/Advisors – Appropriate for all levels
Daniel Gibbons, Associate Partner – Tax Advisory, Findex presenting on behalf of TEO Training
1.25 CPD Hours