Now that we know more about the rental or sub-location on Airbnb, but also how to report its revenue on the platform, what taxation applies to them?
Airbnb has long passed between the tax nets in many countries. This favoured the enrichment of many users who were able to benefit from a new and income-generating lease. Now the tax administrations of a plethora of nations (including France) have in their collimator the rent on Airbnb. It is therefore essential to report revenues collected on Airbnb . But what taxation applies to the private-to-private rental platform? Response to Airbnb's taxes without further delay.
Airbnb revenues: what tax rates?
The taxation of revenues generated on Airbnb is similar to that of the FSI. As a result, depending on your profits and marginal tax bracket, you will be taxed at 0%, 14%, 30%, 41%. With a higher threshold not exceeding 45%.
Airbnb revenues: the tax system
Revenues collected as a result of the rental of its real estate on Airbnb fall under the category of industrial and commercial profits, the famous BIC. Depending on the size of the revenues generated, the applicant has two options in terms of tax plans: the micro plan or the actual plan.
Moreover, when these incomes exceed a certain threshold (we will return to it below), they are considered to be of a professional nature. The declarant is therefore called upon to remit social contributions.
Micro diet
This plan is of interest to declarants whose annual revenues from their activities on Airbnb do not exceed the Micro-BIC cap. Either concretely 70,000 euros. This is a simplified tax system that ensures a progressive tax scale after 50% of income is paid off.
In practice, imagine that you have several accommodations that you make available to individuals via the Airbnb platform. If for a total of 12 months all the rents collected on the platform do not exceed 70,000 euros, you are subject to the micro tax system. To declare these revenues the declarant must help with Declaration Form 2042C at line 5ND.
The real regime
This second tax system is of interest to VIP declarants if you can say. That is, the renters whose annual revenues from Airbnb are beyond the Micro-BIC ceiling. More than 70,000 euros.
To make it simpler, if as for the micro plan you have several accommodations that you make available to passenger renters, if all the amounts generated over 12 months by all your accommodation are more than 70,000 euros, you depend on the actual plan. To report revenues from this tax regime, the declarant must complete a Declaration Form 2031 SD .
It should be noted that this tax system is not slaughtered. This means little or no longer that all amounts reported are taxable and deductible. Contrary to the micro regime with a 50 per cent slaughter.
Social contributions
In addition to the actual plan whose Airbnb revenues exceed Euro70,000 are reported, the applicant will automatically be required to pay social contributions related to its rental activity. Indeed, beyond 23,000 euros a year, the profits are considered by the tax as a result of a professional activity.
Payment of these social contributions may be made:
- On the site autoentrepreneur.urssaf.fr if you're self-entrepreneur,
- On the Urssaf site if you depend on the general diet,
- On the site net-enterprises.fr If you're an independent worker.
VAT for rent on Airbnb
Whether your accommodation is a micro or a real plan, VAT must be added to the rates for all services offered in the rental. We're talking about cleaning, breakfast, far-reaching tours and more.
Do not forget the accounting of your business
In order to facilitate the reporting stage of Airbnb’s revenues, it is also important to maintain a scrupulous accounting that justifies the origin of revenues and the expenses deducted.
Not to mention that as of January 1, 2019, Airbnb according to the law, will automatically send a statement of income received by each host to the Tax Administration. New in June last by the National Assembly.
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