why Bercy is attacking the overly favorable tax on Airbnb rentals

Do you rent your house or apartment on Airbnb? Taxation will soon change. How? Probably in a slightly less favorable way, in order to bring the tax on these gains closer to that which applies to long-term rental.

The Minister of the Economy Bruno Lemaire said he was in favor this Friday on BFMTV of a reform of the very advantageous taxation of tourist accommodation such as Airbnb, judging the excessive windfall effectswhile these rentals are accused of aggravating poor housing in the territory.

On Airbnb, we have already tackled it, we reduced the duration to 120 days [la loi vous interdit de louer votre rsidence principale plus de 120 jours par an via une plateforme touristique telle que Airbnb, Abritel ou Booking, NDLR]said Bruno Lemaire on BFMTV on Friday.

I am open to a reform of the tax on Airbnb so that it is equivalent to that of other accommodation

But he showed himself determined to launch the project of the taxation of tourist rentals between individuals: What worries me is that we keep a favorable tax for Airbnb. I am open to a reform of the tax on Airbnb so that it is equivalent to that of other accommodations.

We are going to work, to make proposals to the Prime Minister and to the President of the Republic, but I have trouble understanding the very favorable tax that applies today Airbnbsaid the minister. We will reform this tax. The only question is that of justice: from the moment when there are excessive windfall effects, excessively favorable taxation, there is no reason to keep this taxation which leads to excesses, he said. he adds.

A cross-partisan bill to regulate furniture rentals has been postponed sine die when it was to be examined in mid-June by the National Assembly. Among other things, it aimed to tighten the scale of tax relief granted in the event of the rental of tourist furniture, taking into account certain specific cases such as mountain resorts.

During the conclusions on Monday of the housing section of the National Council for Refoundation, Prime Minister Elisabeth Borne however announced a flat discount in the taxation of rentals, hoping that this complex project would lead to the next finance billexpected in the fall, for application on 1 January 2024.

Median income in Airbnb rental: 3086euros net

Hundreds of thousands of French people rent accommodation on Airbnb. In 2022, the median income of hosts from their activity on Airbnb was 3916euros gross (which is equivalent 3086 euros netafter taxes and social security contributions), according to a study commissioned by Airbnb France from the firm Astrs.

Airbnb hosts: a gain in purchasing power higher than inflation in 2022, Astrs study for Airbnb

Airbnb, Abritel, Booking… To rent, you will soon have to show your DPE

Why is the tax on Airbnb rentals so advantageous?

The taxation of furniture rental diverges from the taxation applicable to long-term rental: it is not a question here of property income (regular rents) but of non-commercial profits.

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In 2022-2023, guests can benefit from a 50% reduction on income received regardless of the type of rental (single room, entire accommodation in main or secondary residence), explains the firm Astrs in the study commissioned by Airbnb on the income of its guests. THE simplified plan, micro-BICas shown in the table below, is indeed majority among the hostsspecifies Airbnb.

If you are renting through Airbnb, Abritel, etc.
If your annual revenue is inferior 72600If your annual revenue is superior 72600
Option 1: diet micro BIC
Advantages: simplicity and automatic reduction of 50%

Real speed mandatory tax
Deduction of expenses for their exact amount

Option 2: real rpm
(as for large rental companies, see opposite)

Simplified table showing the practical sheet from the DGFiP on short-term rentals of furnished accommodation.

This 50% reduction applies to the rental of classic furniture.: only half of your receipts is subject to income tax, the taxed gains being subject to the progressive scale of the tax.

This 50% reduction is less than for the best classified tourist accommodation (up to 71% reduction for classified tourist accommodation and guest rooms) but better than for the rental of an empty accommodation ( 30% reduction in micro-property up to 15,000 euros in annual earnings).

These points will be determined on the occasion of the 2024 finance bill

What is the probable evolution of taxation for Airbnb rentals?

Impossible, at this stage, to answer this question. But the intention is clear: The aim is to encourage long-term rentalresponds unambiguously Bercy to the Figaro. This can go through a reduction of the current 50% reduction, the image of the measure carried by the proposed law on the subject postponed sine diewhich also reduced the amounts giving access to the simplified micro-BNC tax system.

Requested by MoneyVox, the Minister of the Economy has at this stage no additional comment to make following the declarations of Bruno Le Maire: These points will be determined on the occasion of the 2024 finance bill.

Airbnb, Le Bon Coin, Vinted, Blablacar… How to declare your tax earnings in 2023

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