How to Combine Airbnb and Booking.com Income

Most hosts use multiple platforms. Here’s how to track them all together.

The Challenge: Multiple Platforms

Different platforms:

• Different reporting formats
• Different payment timings
• Different fee structures

Combines into one big mess.

Step 1: List All Platforms

First, know what you’re using:

• Airbnb
• Booking.com
• Vrbo
• Tripadvisor -direct bookings
• Any others

Step 2: Download Reports

From each platform:

• Airbnb: Dashboard → Finance → Export
• Booking.com: Extranet → Finance → Downloads
• Others: Check respective dashboards

Step 3: Standardise Format

Create a master spreadsheet:

• Date
• Platform
• Property
• Gross Earnings
• Fees
• Net Earnings

Or use software that does this automatically.

Step 4: Add Together

For the tax year:

Step 5: Account for Fees

Each platform has fees:

• Airbnb: ~3%
• Booking.com: ~15%
• Others vary

When comparing to bank:

• Platform gross - Platform fees = Bank deposit

Step 6: Track Per Property

If properties are on multiple platforms:

• Track by property
• Also track by platform
• Both useful

Software Solution

Using dedicated software:

• Import from multiple platforms
• Auto-categorises
• Generates combined reports

Much easier than spreadsheets.

FAQ

Do I report gross or net?

Report your total income (gross). Deduct expenses on your return.

What if platforms show different amounts?

Use platform reports as the source. Bank shows what you received.

Can I use one platform for all income?

Ideally, yes. Simpler tracking.

Track all platforms together. Simpler for tax.

Try HMRC Reporter: https://hmrcreporter.com

Related: “The Best Way to Track Short-Term Rental Expenses” covers expense tracking.

Why This Matters

Understanding this topic properly is essential for staying compliant with HMRC and avoiding costly mistakes. The rules around property tax can be complex, but getting them right saves you money and stress.

Key Points to Remember

• Track all income from all sources
• Keep proper records for at least 6 years
• Report accurately on your Self Assessment
• Use professional software when possible

Common Mistakes

Many property managers and landlords make these errors:

• Not tracking all income streams
• Missing deadline dates
• Not keeping proper records
• Claiming wrong expenses

How to Get It Right

1. Use software to track income and expenses automatically
2. Keep records of all transactions for at least 6 years
3. File on time - 31st January deadline
4. Get help if you’re unsure

FAQ

“Do I need to declare this?”

Yes - if it’s income from property, it needs to be declared to HMRC.

“What expenses can I claim?”

Allowable expenses include repairs, insurance, utilities when let, agent fees, and professional costs.

“What happens if I get it wrong?”

HMRC may charge penalties and interest. In serious cases, they may investigate.

Summary

This area of tax is important for all property managers and landlords. Stay informed, stay compliant, and consider professional software to help.

Simplify your HMRC reporting. HMRC Reporter connects to platforms, tracks all your property income, and generates accurate reports - saving you time and reducing errors.

Try HMRC Reporter today