‘HMRC investigation into Airbnb landlords may be last straw for short-term letting growth’
The upcoming investigation by HM Revenue and Customs (HMRC) into Airbnb landlords could result in a significant exodus of landlords from the short term letting sector, property management firm Apropos has warned.
Airbnb has passed on the financial transactions of 225,000 people who rent out homes and rooms through its site, which could potentially result in landlords having to pay substantial bills, particularly those who operated multiple properties using the site.
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Source: Property Wire