TFR – the Trattamento di Fine Rapporto or Employee Leaving Indemnity
What is the TFR? Employment agreements in Italy are generally governed by the terms and conditions of the relevant national collective labour agreement (CCNL) negotiated from time to time by the Italian government, the trade unions and employer organisations. These standard contracts make provision for a series of provisions applicable to the hire of individual employees in Italy. Regardless of any contractual provision, the Italian Civil Code provides that on the termination, for whatever reason, […]
Occasional Services
Advance Communication of Occasional Hires The Labour-Fiscal Decree no. 146 2021, linked to the Budget Law 2022, introduced the obligation of prior communication of the use of occasional self-employment. On this subject, the Labour Inspectorate has published note no. 29-2022, with instructions on how to comply. Clarification in the form of FAQs have also been […]
Petrol/Gas coupons
Decree Law no. 21/2022 (the “Ukraine” Decree) provides, for FY 2022, for the possibility of giving employees with up to Euro 200 worth of petrol coupons. Up to that limit the monetary amount provided is exempt from Italian social security contributions and income tax. The value of coupons up to the Euro 200 limit is […]
Tax Step Up of Shares/Land and Buildings – Revaluation
Law Decree no. 17 of March 1, 2022, containing urgent measures for the containment of electricity and natural gas costs, the development of renewable energy and the relaunch of industrial policies, known as the Energy Decree was published in the Official Gazette no. 50 of March 1, 2022. Article 29 of the Decree confirms the […]
The SPID – Italian digital identity
What is it? The Public Digital Identity System, or SPID (pronounced “speed”) which started life in March 2016, is an online identity system. Through a single user name and password along with a one time password generated via a smart phone, individuals with an Italian ID card, can easily access and use the services provided […]
The Cassetto Fiscale – Fisco Online
What is it? The cassetto fiscale, literally “tax box”, is a service offered by the Italian Government that allows consultation of a taxpayer’s tax information, such as personal data on the Tax agency database information data of tax declarations information on tax refunds tax payments made through the F24 and F23 forms information regarding registered […]
Land Registry Categories – Residential Property
Background The Land Registry Category is an important variable in determining the tax payable in respect of real estate. All registered property in Italy is assigned a category. You can see the assigned category for a particular category by getting hold of land registry extract or visura catastale. Italy has a number of reliefs and […]
Taxes on Second Homes in Italy
A second home in Italy If you have bought a house in Italy, but do not intend to live in it as your habitual abode and register as resident with the Anagrafe (register of resident population maintained by the relevant local authority or “comune”), it will be considered a second home and not an “abitazione […]
Tax Return 2023 Landing Page
Please complete the enclosed form to enable us to gather information to complete your 2023 Italian tax return on your FY 2022 income and assets. Under Italian law all individuals are required to present a return unless exempt. So even if you are married, or in a civil union, each spouse/partner needs to complete a […]
Tax Return 2023 Landing Page
Please complete the enclosed form to enable us to gather information to complete your 2023 Italian tax return on your FY 2022 income and assets. Under Italian law all individuals are required to present a return unless exempt. So even if you are married, or in a civil union, each spouse/partner needs to complete a […]