Hi All,Do you know if AirBNB charges GST, PST, City / touris...
Hi All,Do you know if AirBNB charges GST, PST, City / tourism tax and on what part Room/cleaning/service fee etc? Although, A...
Hello Everyone!
I am a listing owner on Airbnb and have arranged to give 50% of the total payout to my co-host. However, Airbnb says that I will need to pay taxes on the entire booking amount. For instance, if I receive a booking of 1,000 Rupees and my co-host gets 500 Rupees (50% of the payout), I will still need to file income tax returns on the full 1,000 Rupees. My co-host will also have to file income tax returns on his 500 Rupees share.
Is this correct? If so, we both would be filing income tax returns on a combined total of 1,500 Rupees, even though the total payout is only 1,000 Rupees. I'm confused about this, so please help
Answered! Go to Top Answer
Hey Bhumika,
I just read this. I had been paying 5% tax all this while! Thanks for the link, it helped me save upto 4% Really appreciate it.
Hi @Deep730 , Have you managed to find more information about Taxes on Co-host payouts in India? There's an Airbnb article that provides a brief overview of 👉 Co-Host taxes and payouts👈.
There's also another article that talks about 👉 Why are taxes being withheld from my payouts for listings in India? 👈
Have you also reached out to the Customer Support team about it?
I'm also reaching out to a few Hosts from India if they can kindly help us with your question related to taxes 👀 : @Shiv211 @Vishnu40 @Sangeeta8 @Snehal1 .
Hello, You are based in Canada and CoHost for bnb in India ?
Hi @Snehal1 , thanks for your kind question! Haha, I wanted to clarify that I am a Community Manager for this Airbnb forum (and not a Co-host. Though I believe it would be a exciting adventure to pursue 😆 )
On a side note, I noticed that you're from Vadodara. I am a Gujarati too and from Ahmedabad. I shifted to Toronto some time ago 😉
Great Bhumika. Kem Cho ? Have you been to Statue of Unity?
Hu Maja ma! Tme kem cho? I've not visited the Statue of Unity yet @Snehal1 , however, I wish to when I visit back home (next time may be!)
Also Plan to stay at my bnb
Hey Bhumika,
I just read this. I had been paying 5% tax all this while! Thanks for the link, it helped me save upto 4% Really appreciate it.
So glad it helped @Karishma14 ! 🌻 How are you getting along with your hosting journey 😍
@Deep730 Is there a Way of Showing - Commission given from Personal income ? I will like to know
@Snehal1 In my earning reports, it shows - Booking amount paid out to Host (me). Then let's say as per my routing of payouts, my cohost receives 50% of the total booking amount.
For Example :
Amount paid by Guest - 1000 bucks
I have received 500 bucks
My cohost received 500 bucks.
So will I be paying taxes for 1000 bucks or 500 ?
@Deep730 , Have you also tried reaching Airbnb Customer Support team about it? What did they say?
I did actually, however not getting the cleared anwers that's why decided to check here 🙂
I see @Deep730 ! In our global community, while we wait for more Hosts to support with the question, it could probably be a good idea to also reach out to Hosts through Airbnb's Local Host Clubs , where you can get in touch with Hosts from Delhi. I found the local club near you here Delhi Airbnb Host Community.
Do keep us posted if you find more information there. It will help many Hosts here in our Community 😊
Hi @Deep730 , did you get more information in the Host Club I had shared above? Had you asked the question there?