9am Lowdown: Airbnb, HMRC and Irish tax break scheme

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Good morning everyone and welcome to Monday’s Lowdown.

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Airbnb paid £188,000 in UK tax last year, despite collecting £657m in rental payments. (BBC)

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Tax experts warn about the effect of HMRC’s new powers on advisers. HMRC can now collect tax from pensioners whose earnings exceed the personal tax allowance. (FT Adviser)

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Defenders of Ireland’s controversial new tax break scheme argue it will attract foreign bankers and investors from Britain after Brexit. (The Guardian)

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More than 1,000 lorry drivers were hit with unpaid tax bills after claims the accounting firm they used disappeared with the money. (BBC)

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New on AccountingWEB

On the site, John Stokdyk presents the findings from the 'What sets practices apart' research project AccountingWEB undertook with Xero.

On the blogs, Les Howard examines a Court case related to a Tax Point and Pay As You Go subscription.

Over on Industry Insights, ICPA explains how to handle PAYE and CIS enquiries by HMRC.

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Contributions from the AccountingWEB.co.uk editorial team.

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