VAT

VAT

Hi

My rental property is in Florida USA.

My payments are paid by Airbnb in $US to my US bank account.

I file a US  tax return.

I reside in the UK.

I do not bring in any rental funds into the UK.

 

Some questions:

 

Why is Airbnb charging me 20% VAT?

(I do not earn enough in rental to need me to be registered for VAT in the UK).

 

How do Airbnb pay the VAT amount they have collected from me to the British tax authorities?

 

Currently Airbnb charge me a host fee of 3% plus the VAT.

With the updated service method of combing guest fee with the host service fee making it 15.5%, will I be charging me 2)% VAT on top of this???

1 Reply 1

Typo correction:

Currently Airbnb charge me a host fee of 3% plus the VAT.

With the updated service method of combing guest fee with the host service fee making it 15.5%, will I be charging me 20% VAT on top of this???

 

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