Tax payments

[Anthony2658]

Hi I’m new to hosting, I reside in the uk, with a listing in the Caribbean. When it comes to tax withholding I am paying tax on payments received in the uk. 
How do I stop this and only pay tax in the Caribbean - if I need to..?

[Mike-And-Jane0 · Accepted solution]

@Anthony2658 Airbnb will report your earnings to HMRC. If they have paid tax to HMRC that will also be reported. 

I would think you then pay tax in the Caribbean, report any earrings as foreign property income and, if there is a dual tax treaty, report the `Caribbean taxes paid. Then you should be able to claim back, depending on the numbers, some of the tax paid in the UK.

[Elisa]

Hi @Anthony2658 😊, 

Welcome to the Community Center!

Was Mike and Jane’s reply helpful for you, or do you still have doubts about your situation?

Don’t hesitate to let me know if you need more help with this.

[Andy4503]

Which HMRC form should I use for my property in the Caribbean? 

[Elisa]

Hi @Andy4503 😊,

Since this is a specific question, I recommend asking hosts from your area through our 👉 Local Host Clubs.