Government moves to tax Airbnb and Booking.com with new tourism levy - The Eastleigh Voice
Summary
A new tourism levy is being implemented to tax Airbnb and Booking.com. This will likely impact your booking costs and overall profitability. Hosts should monitor their income and expenses to understand how this tax impacts their business.
Key Insights
- •The government is moving to tax Airbnb and Booking.com with a new tourism levy.
Action Items
- ✓Hosts should monitor their income and expenses to understand how this tax impacts their business.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to account for the new tourism levy could lead to underestimation of expenses and miscalculation of profitability.
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