March 2016

UK Airbnb tax guide for 2024

While Airbnb in the UK offers a convenient way to generate much-needed extra income, it also comes with Airbnb host tax responsibilities that shouldn’t be overlooked. Starting from April 2020, the UK tax authorities have clarified that all income from short-term rentals via platforms like Airbnb should be declared and taxed. Failing to comply with tax obligations can lead to significant penalties. So,...

Essential Q&A for London’s Airbnb hosts: Understanding the 90-day rule.

Are you considering renting out your property in London for short-term stays on Airbnb? Then it's important to learn more about the 90-Day Airbnb Rule. Established in 2017, this rule sets a cap of 90 days per year for "entire home" listings in Greater London. In this article, we will answer the most common questions about the 90-day limit from London homeowners and hosts. We will explain the reasons...

London property investment guide for 2024

Considering investing in London's property market? London is a global hub for business and an excellent choice for property investment. Here's why: - The typical rent in London is £2,049 a month. - In 2023, London saw its highest rent increase since records started in 2006, with a 6.8% rise in private rentals. - Halifax, a major mortgage lender, predicts house prices could drop by 2 to 4% in 2024, making...

2024 guide to buying property in Dubai

Investing in Dubai with Elev8 Discover Dubai's Unique Investment Opportunities Dubai, renowned for its iconic skyscrapers, palm-shaped islands, and luxury lifestyle, is a prime destination for property investors. The city offers high rental yields, attractive tax incentives, a growing population, and thriving tourism, making it a compelling investment hub. If you're excited about the potential of this...

Airbnb or long-term rentals – What’s best for Dubai investors?

Making the Right Choice for Your Dubai Property When considering property investment in Dubai, deciding between short-term and long-term rentals is crucial. Investors often seek the strategy that promises the highest return on investment (ROI). While some prefer the flexibility and higher income potential of Airbnb rentals, others value the stability and simplicity of long-term leases. This article...

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