Although in many parts of the Country Airbnb was put a bit on the back burner for a large number of rental property owners, that in itself has created issues for many. We are also now seeing, however, scenarios whereby people who had never let through Airbnb in the past are starting to do so to help cover mortgage costs as inflation rises and bank lending rates are rapidly increasing.
Anyone who deals with clients that let property (including a room in their own home) on a sort stay accommodation basis, whether through Airbnb or otherwise will benefit from this practical focused course.
This course will look at scenarios that we all see on a regular basis and work through the implications of both the income tax and the GST rules. We will cover scenarios that continue to arise as a result of COVID, and look at the application of the new bright-line and interest deductibility rules as they apply to Airbnb properties.
While working through the various scenarios we will cover both recently enacted law changes for both income tax and GST as they apply. We will also cover the proposed changes the IRD has suggested in terms of bright-line and interest deductibility, as well as the GST consultation document as it may apply in these cases.
14 June 2022
Upon satisfactory completion of this webinar, you will:
This course will be suitable for all accounting and legal practitioners that have clients letting through Airbnb and the like, as well as real estate agents and property letting managers.
Daniel Gibbons, Partner - Tax Advisory, Findex/Crowe (presenting on behalf of TEO).
1.25 CPD Hours