Renting out a property through Airbnb? Great, but be careful! The income generated from this activity shouldn’t be overlooked, especially from a tax perspective. If you want to avoid unpleasant surprises, understanding your obligations is essential. So, how to correctly declare your Airbnb income in France? Here’s everything you need to know to navigate the tax system with peace of mind.

Which Tax Regime to Choose for your Airbnb Income?

In France, Airbnb income is taxed as industrial and commercial profits (BIC). Depending on your annual income, you have two tax regimes to choose from: the micro-BIC regime and the actual regime. Wondering which one to choose?

Micro-BIC Regime

If your annual rental income doesn’t exceed €77,700, this regime is ideal. It allows you to benefit from a 50% flat-rate deduction on your gross receipts, which significantly reduces taxation. This choice is perfect for those with few expenses to deduct. You only need to declare your gross receipts, and the deduction is applied automatically. Simple, right?

Actual Regime

Are your expenses significant (renovations, loan interest, management fees)? The actual regime might suit you better! Here, you can deduct all your expenses from the generated income. It requires more rigor but can be very advantageous. This regime is mandatory if your rental income exceeds the micro-BIC ceiling. It requires precise accounting, but it can considerably lighten your tax burden.

Tourist Tax and Local Obligations

Did you know that Airbnb hosts must also collect tourist tax? This is a tax you pay to the municipality where your property is located. It’s collected directly from the tenants, and its amount varies depending on the city and type of accommodation. Be aware that some cities impose specific rules for seasonal rentals. Are you renting in Paris or a major city? Make sure to check if you need to obtain a change of use authorization or register with the town hall as a non-professional furnished rental provider.

Seasonal rental is strictly regulated in some cities to prevent abuses. It’s therefore crucial to be well-informed about the rules in force in your region. No one likes unpleasant surprises, right?

Steps to Declare your Airbnb Income

Now that you’re familiar with the tax regimes, let’s get practical! Declaring your Airbnb income is a process. Here are the essential steps to ensure you don’t forget anything:

• Keep a record of your income: carefully note all amounts received from rentals, whether it’s rent or additional fees such as cleaning charges.
• Choose your tax regime: micro-BIC or actual regime? The choice depends on your income and expenses. Take the time to evaluate what’s most advantageous for you.
• Declare your income online: during your annual tax declaration, report your Airbnb receipts in the BIC category. Opted for micro-BIC? A simple gross amount is sufficient. With the actual regime, you must also declare all deductible expenses.
• Collect and remit the tourist tax: don’t forget the tourist tax! If you’re in a municipality where it applies, you must collect it from your tenants. Fortunately, Airbnb often offers an automatic collection option, but make sure everything is compliant.
• Comply with local obligations: finally, ensure you’re in compliance with local laws. Some cities require a specific declaration or authorization to rent out your property. Don’t neglect this step to avoid penalties!

Simplify your Management

Feeling overwhelmed by all these procedures? At Bnb Groom Services, we specialize in concierge services and seasonal rental management. Since 2014, we’ve been supporting property owners from Nice to Cannes, with unmatched local expertise. Our team handles everything: from marketing your property to welcoming travelers, including maintenance and price optimization. With us, you can maximize your income while enjoying complete peace of mind. Simplify your life, we take care of everything, even your tax obligations!

Declaring Airbnb income may seem complex at first, but with the right information and a little preparation, it becomes child’s play. Choosing the tax regime, collecting the tourist tax, and complying with local obligations are essential steps to avoid any hassle with the administration.

If these procedures seem tedious to you, remember that we are here to assist you. Any questions? Don’t hesitate to contact us. This way, you can focus on what’s essential: enjoying your income with peace of mind!