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BookingPal announces integration of Airbnb's Tax API into its Tax Manager Dashboard
Rezul News/10578519
NEWPORT BEACH, Calif. - Rezul -- BookingPal, the global leader in software technology solutions for vacation rental property managers and owners, has incorporated Airbnb's Tax API into the company's tax manager dashboard.
Considered one of the most popular vacation rental websites, Airbnb recently launched a Tax API that provides property managers with a number of tax handling tools to simplify the complicated process of collecting occupancy taxes.
"Very rarely do property managers advertise with only one channel," says Alex Aydin, founder, and CEO of BookingPal. "As a software leader, we're dedicated to providing our managers ease and convenience to list across multiple channels and manage the back-end operations of syncing calendars and collecting taxes across multiple sites so they can run a legitimate business."
Airbnb's new tax tools, which are now available within the BookingPal tax dashboard, define vacation rental properties into four categories:
Ineligible - the property is not eligible to have taxes managed over the API Connection. By default, BookingPal will send taxes to Airbnb as a fee for remittance, however, Airbnb may be collecting and remitting taxes as well. Property managers need to visit each of their listings on Airbnb and observe whether or not any taxes are included in the nightly rate. If Airbnb is not adding any taxes to the nightly rate, then the tax percentage shown will be sent as a fee to Airbnb, where Airbnb will add this to the rate displayed to the guest. If Airbnb is adding taxes, then that percentage needs to be noted and then adjusted in the BookingPal Tax Manager dashboard to avoid double taxation. Property managers can set an "Airbnb specific tax" in the tax manager to offset what Airbnb is collecting.
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No Airbnb Collected Tax - Airbnb is not collecting any taxes, and the company is allowing the property manager the ability to control the tax rate displayed to the guest. The taxes will also be sent back to the property manager in the reservation payout for remittance.
Override Airbnb Collected Tax - Airbnb is allowing the property manager to override what Airbnb is currently collecting/remitting and allowing the property manager to display the tax value and remit taxes.
Once the property manager has enabled the option in the BookingPal Tax Manager, BookingPal will override the taxes Airbnb is collecting and replace them with the taxes the property manager wants to collect and remit.
Stacked Airbnb Collected Tax - Airbnb is collecting and remitting taxes in your market, and they will allow the property manager to override the amount or remit the amount themself. However, if Airbnb is collecting less taxes than the market requires, the property manager can stack an additional tax on top of what is charged. Airbnb will send the stacked amount to the property owner to remit.
The difference between Ineligible and Stacked Airbnb Collected Tax is the tax will display as taxes to the guest, and not be bundled into the rate.
For access to BookingPal's resources for channel management and distribution, visit www.bookingpal.com or contact Matt Gurley, Head of Sales: matt@mybookingpal.com
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About BookingPal
BookingPal is the leading provider of distribution technology and Channel Management solutions for the vacation rental industry. BookingPal helps property management companies increase revenue, occupancy, and efficiency through a fully managed distribution platform. The platform provides smooth, continuous, and real-time connectivity between the world's leading property management software systems and consumer travel websites such as Homes & Villas – By Marriott International, Airbnb, Booking.com, Expedia, Google, VRBO, and TripAdvisor.
About Airbnb
Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed more than 1 billion guest arrivals across over 220 countries and regions. Every day, Hosts offer unique stays and one-of-a-kind activities that make it possible for guests to experience the world in a more authentic, connected way. Providing hosted travel and the ability to live anywhere on a global scale, Airbnb has become a noun and a verb, and most traffic to our platform remains organic. We will continue to invest in innovations that expand the travel market and lead the way in turning travel into a way of life.
Considered one of the most popular vacation rental websites, Airbnb recently launched a Tax API that provides property managers with a number of tax handling tools to simplify the complicated process of collecting occupancy taxes.
"Very rarely do property managers advertise with only one channel," says Alex Aydin, founder, and CEO of BookingPal. "As a software leader, we're dedicated to providing our managers ease and convenience to list across multiple channels and manage the back-end operations of syncing calendars and collecting taxes across multiple sites so they can run a legitimate business."
Airbnb's new tax tools, which are now available within the BookingPal tax dashboard, define vacation rental properties into four categories:
Ineligible - the property is not eligible to have taxes managed over the API Connection. By default, BookingPal will send taxes to Airbnb as a fee for remittance, however, Airbnb may be collecting and remitting taxes as well. Property managers need to visit each of their listings on Airbnb and observe whether or not any taxes are included in the nightly rate. If Airbnb is not adding any taxes to the nightly rate, then the tax percentage shown will be sent as a fee to Airbnb, where Airbnb will add this to the rate displayed to the guest. If Airbnb is adding taxes, then that percentage needs to be noted and then adjusted in the BookingPal Tax Manager dashboard to avoid double taxation. Property managers can set an "Airbnb specific tax" in the tax manager to offset what Airbnb is collecting.
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No Airbnb Collected Tax - Airbnb is not collecting any taxes, and the company is allowing the property manager the ability to control the tax rate displayed to the guest. The taxes will also be sent back to the property manager in the reservation payout for remittance.
Override Airbnb Collected Tax - Airbnb is allowing the property manager to override what Airbnb is currently collecting/remitting and allowing the property manager to display the tax value and remit taxes.
Once the property manager has enabled the option in the BookingPal Tax Manager, BookingPal will override the taxes Airbnb is collecting and replace them with the taxes the property manager wants to collect and remit.
Stacked Airbnb Collected Tax - Airbnb is collecting and remitting taxes in your market, and they will allow the property manager to override the amount or remit the amount themself. However, if Airbnb is collecting less taxes than the market requires, the property manager can stack an additional tax on top of what is charged. Airbnb will send the stacked amount to the property owner to remit.
The difference between Ineligible and Stacked Airbnb Collected Tax is the tax will display as taxes to the guest, and not be bundled into the rate.
For access to BookingPal's resources for channel management and distribution, visit www.bookingpal.com or contact Matt Gurley, Head of Sales: matt@mybookingpal.com
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About BookingPal
BookingPal is the leading provider of distribution technology and Channel Management solutions for the vacation rental industry. BookingPal helps property management companies increase revenue, occupancy, and efficiency through a fully managed distribution platform. The platform provides smooth, continuous, and real-time connectivity between the world's leading property management software systems and consumer travel websites such as Homes & Villas – By Marriott International, Airbnb, Booking.com, Expedia, Google, VRBO, and TripAdvisor.
About Airbnb
Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed more than 1 billion guest arrivals across over 220 countries and regions. Every day, Hosts offer unique stays and one-of-a-kind activities that make it possible for guests to experience the world in a more authentic, connected way. Providing hosted travel and the ability to live anywhere on a global scale, Airbnb has become a noun and a verb, and most traffic to our platform remains organic. We will continue to invest in innovations that expand the travel market and lead the way in turning travel into a way of life.
Source: BookingPal
Filed Under: Technology, Property
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