Tax Updates
Italian 2026 Draft Finance Law A draft of the Italian 2026 Budget law has been published and a summary of the main terms published on Ministry of Finance web page: https://www.mef.gov.it/focus/Principali-misure-della-legge-di-bilancio-2025/ The main tax measures as described on the Ministry web site, are summarised below. The Draft Bill is now proceeding with the Parliamentary debate […]
UK Inheritance Tax Changes
New UK Domicile Rules The UK government is in the course of making some significant, and complex, reforms to the taxation of non UK domiciled individuals. The changes impact UK Inheritance tax liabilities for people living outside the UK . Under previous rules if you had a UK domicile (and had not lost it) there […]
Italian Tax on Foreign Pensions
If your pension is liable to tax in Italy (which will be the general position absent exemption under a DTA) then you need to follow Italian rules on the timing of a receipt for tax purposes.
Tax For Digital Nomads
Compliance with Tax and Social Regulations Moving to Italy as a digital nomad comports the payment of income taxes, social security contributions according to the rules applicable to your specific situation. It is clear, from the tenor of the digital nomad visa/permesso legislation that Italy intends digital nomads to comply with their obligations in terms of tax […]
Italian Source Income – Definition
The Importance of Identifying Italian Source Income The Italian tax Code contains a specific definition of Italian source income – or rather a list of types of income that are deemed under the Italian Tax Code to have an Italian source. If you are tax resident in Italy for any tax year (under the test […]
Italian Social Security Contributions
Table of Contents Introduction Working from Italian soil means, according to the default rules, that you are liable to make payment of Italian social security contributions, the bulk of which are, in general, contributions into the Italian state pension scheme. Different schemes apply to employees compared to the self employed. The rates, thresholds, minimum contributions, […]
National Identification Code (CIN) for Short-Term Rentals
What is the CIN? The CIN (Codice Identificativo Nazionale) for short-term rentals is a requirement introduced by Article 13 of Decree Law No. 145 of December 18, 2023 (known as the “Decreto Anticipi”). This law mandates the assignment of a National Identification Code (CIN) for all residential units used for tourist rental contracts, including short-term […]
Coming to live and Italy – the top tax mistakes
Tax in Italy Your liability to tax in Italy depends primarily (but not, by any means, only) on your tax residence status. If you are tax resident (read this article for an explanation of what this means) in Italy in any year – and you are either tax resident for a particular tax (calendar year) […]
Frontier workers residing in the ‘new’ border municipalities – Special Tax Regime – Decree-Law 113/2024 (‘Omnibus’ Decree-Law)
Article 6 of Decree Law 113/2024 establishes a special regime for workers residing in municipalities, specifically identified in Annexes 1 and 2 of the DL, which are wholly or partially within the 20 km zone from the Swiss border. Such individuals may opt for the application, on income from employment received in Switzerland, of a […]
Tax reliefs for Building Renovation Works – 2024
What are they? It is important to note that each tax relief has specific eligibility criteria, timings, deadlines and requirements, so consultation on any specific works with a professional (in the first instance a Geometra or Architetto) is essential in order to determine which tax relief is applicable to your specific situation, depending on […]