How to add Tax Information for a Family Trust (NZ based)?

[Kelly2707]

Hi

I have set up my listing under my account, with payments going into Family Trust bank account (which has been verified).   I am trying to add the Tax information but keep falling into a death loop, as if I try to add as  Business it wants a Business Registration number - which Family Trusts don't have in NZ.    If I add it as a Joint Account holder it wants an individuals information and ID's to verify.  

Given the prevalence of Trusts in NZ, I can not be the only person with this requirement so hoping someone knows how to do this?

Thanks

K

[Helen3]

Probably one to check with your accountant or ask on your local host group - on Facebook @Kelly2707 

[Joan2709 · Accepted solution]

@Kelly2707 

Trusts are tricky on Airbnb as their system for Business Detais doesn't really fit Trusts.

You still have to use their Business Verification process however, and the name on the account must be the name of the trust and the trust name on the bank account. There is usually a Primary Trustee(s), but Airbnb will want to know who the beneficial owners are and use their Business Details system to enter that. It's a pain. I think we used the tax identification number of the trust as recall? 

Verify Your Business Details

https://www.airbnb.com/help/article/3444

[Kelly2707]

Thank you so much Joan. I think I've done it now, fingers crossed it all works ok!

[Elisa]

Hi @Kelly2707 😊, 

Thank you for asking this in our Community Center!

Have you been able to add your tax information?

If you’d like to connect with hosts from your area, you can do so through our 👉 Local Host Clubs, as Helen suggested.
Let me know how it goes.

[Kelly2707]

Hi @Elisa , I believe I've done it now following Joan's advise but will check out local community if it doesn't work out.

[Elisa]

Hi @Kelly2707 😊, 

Thank you for letting me know!

Let me know how it goes, and if you need any more help.

I wish you a wonderful day.