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

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Good morning everyone and welcome to Monday’s Lowdown.


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


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)


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


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


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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