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Taxes

Do you need to declare Boarder Income?

By Carmen O'Brien ~ Leave a Comment

Airbnb Room

Do You Get Income from Boarders?  If you receive boarder income, including from student homestays, you maybe required to declare your income. You can choose either the standard-cost method or the actual-cost method to work out whether you have to pay boarder income tax. Standard Cost Method The standard-cost method uses an average price for basics […]

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