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 […]

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 […]

Table of Main Registration Taxes in Italy

This is a (very) simplified table of the registration taxes due on certain documents.  The tax office will apply the tax according to the substance of the effect that the document has, not the form.  

The Visura Catastale

What is the Visura Catastrale The “visura catastale” (Land Registry Extract)  is a document issued by the Italian Tax Agency containing information recorded at the Italian Land Registry in relation to real estate – buildings or land – located in Italian national territory. It is possible to search the land registry to find all real […]

Italian Real Estate Purchase Guide

The Italian tax regime applicable to residential real estate can seem confusing.  Real estate has always been an attractive source of income for governments around Europe,  and Italy is no exception.  As real estate is difficult to move about, it presents an easy target for the Exchequer.  The current Italian tax regime seeks to differentiate […]

The Double Whammy

What is the “Double Whammy” in Italian tax? The “double whammy” is what hits certain individuals who have recently moved to Italy and new businesses in the second year after start-up. No tax in your first year You pay no tax in your first year after the move but the tax due for that first […]

Italy Tax Guide

Overview This is a very general guide and only intended to give some basic background information. It should not be seen as a substitute for specific advice.  It focusses on the taxation of individuals and does not deal in any detail with the taxation of income from business activities (see here for more information). Table […]

Flat Tax for pensioners coming to live in the South of Italy – 10 years at 7%

What does the special tax relief consist of? A 7% flat tax on all income for all pensioners (regardless of nationality) who: have been tax resident outside Italy for at least five (5) years prior to the tax year in which they become Italian tax resident; transfer their tax residence to one of the Regions in […]

The Regime Forfettario – Flat Rate Tax Regime for Freelance Businesses

Introduction A special tax scheme (Regime Forfettario) offers a flat rate of tax on gross income for taxpayers looking to get themselves registered for VAT in Italy and carry on a self-employed business or profession.  The various schemes for small taxpayers (the Regime dei Minimi/Regime Forfettario) have seen a number of changes over the years and […]