A benefit in kind is any non-cash benefit of monetary value that employers provide for an employee. As the benefits have monetary value, they must be treated as taxable income and are subject to payroll taxes (income tax, PRSI and USC) usually collected through the PAYE system. However not every benefit received by the employee is a taxable benefit in kind, and there are some emoluments, whether in the form of BIKs or an amount of cash, that can be received either free of tax

Revenue has recently released updated guidance on the taxation treatment of income arising from the provision of short-term accommodation. The key point of the updated guidance is that the provision of short-term accommodation will not create a landlord/tenant arrangement i.e. if you rent out a room on a short-term basis using a platform like Airbnb, you will not be treated as a landlord earning rental income and the guest will therefore not be treated as a tenant. You ca