I have recently acquired a property in Czech republic and decided to turn one flat out of three into AirDnB short rental one. Being a tax resident in UK and living here do I have to pay income in UK or in Czech republic ?? I understand that there is some sort of tax agreement shielding from paying double tax. Anyone in a similar situation able to help me on this ??
I would presume you would pay tax in the UK.
I do not think this forum is the place for this.
You should contact the local authorities in Czech republic and in ask your tax advisor in the UK.
There is a chance your will have to pay taxes in both countries.
You are doing business in Czech, so there is a chance they want tourist tax and VAT, and you pay income tax in the UK.
I would be amazed that you don’t have to pay tax in both places. Like already stated you’re doing business in one and resident in another. Both will want a slice of the pie…even more so when we leave the EU.
Hello! Did you receive an answer to this question Hydrantekk? We are US residents with a prague rental and have the same question - as to whether any income tax is due in CZ?