The huge success of Airbnb can be measured in Edinburgh city centre by the regular noise of suitcases on wheels being pulled along the streets of the famous James Craig-designed New Town. However the Connect spyware used by HMRC, together with Airbnb themselves ensures that all recipients are on the tax radar. Find out more in our latest post.
Are you affected by IR35 tax legislation? If so it is important to know the rules. IR35 is a set of rules concerning tax and National Insurance contributions if you work through an intermediary via a contract.
You will receive this letter if HMRC think that you have underpaid or overpaid tax in a previous year.