Article 25SK4 Airbnb UK tax history questioned as income passes through Ireland

Airbnb UK tax history questioned as income passes through Ireland

by
Robert Booth and Dan Newling
from on (#25SK4)

Company's UK rental commission earnings pass through Ireland where corporate tax regime is more favourable

Airbnb paid UK tax of 317,000 last year after its London company handled hundreds of millions of pounds in global rent payments which generated commissions for its Irish HQ.

The UK arms of the booming home sharing website paid tax on a 1.4m profit for the 11 months ending in December 2015, their first full UK accounts reveal. One of the companies handled such a large amount of rental cash that at one point it held 430m on account.

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