Italian 2026 Finance Bill – Key Tax Measures: Support for Middle and Low Incomes | Revision of IRPEF tax brackets | Baby bonus | Enhanced parental leave and nursery bonus | Social security exemption for working mothers | Increased deductions for private school expenses | Family endowment fund | First home mortgage guarantee fund | Support for food purchases | Energy-efficient appliance bonus | Cap on deductions for incomes over €75,000 | Exceptions for healthcare, mortgages, and startup investments | End of deductions for children over 30 (except disabled children) | “Hire more, pay less” tax deduction for new permanent hires | Reduced tax on productivity bonuses | Fringe benefit exemptions | Relocation support for new hires | Raised flat tax threshold for employees and pensioners | Reduced corporate tax (IRES) for reinvested profits | Tax credits for southern Italy investments | Enhanced “Nuova Sabatini” machinery financing | Support for SME stock market listings | Increased public investment in defense, infrastructure, and healthcare | Banking and Insurance | Deferred deductions for financial sector losses | Annual stamp duty on life insurance contracts

Over the years the Italian government and authorities have been working hard to consolidate and simplify the Italian tax system.

However, like may tax systems in sophisticated modern States, the system is complex. This is a result of an organic growth of the rules, continued intervention aimed at providing tax breaks and reliefs, targeting tax-avoidance and introducing digital technology.

For foreign investors matters are further complicated by language and cultural barriers.  The Italian Tax Agency has made a limited start to publishing directly in English. But obtaining clear and concise guidance on many aspects of the Italian tax system in the English language is difficult.

The idea behind this site and the rationale behind our service offering is to try and open up some of the perceived complexities of the Italian tax scene. We attempt to put the non-Italian language speaker at least in the same position as the native speaker.

Colin Jamieson

Colin works as an Avvocato in Milan where he is based and is a Solicitor of England and Wales.

He principally deals with tax and legal issues for English speaking clients with investments in Italy or Italian clients investing abroad. Over the years he has built up a practice advising clients setting up in country for the first time, providing an all round, co-ordinated service covering legal entity structuring and set up, employment law, business premises, banking, bookkeeping and tax compliance.

Colin specialises in providing rapid, clear and concise advice on Italian, UK and cross-border tax issues and representing clients at tax tribunals in Italy and the UK to protect their interests.

Colin is a keen drummer and lives in Assago, in the province of Milan, with his family.

 

Specialties: Italian tax, UK tax, international tax, corporate taxation, indirect taxation, VAT, IVA, taxation of trusts, tax amnesty, tax structuring, inheritance tax, cross-border tax.

Elisabetta Casano

Elisabetta is from Sicily, but she has lived in Milan since 2012. Elisabetta graduated in law at the University of Milan in 2016 and she obtained a post-graduate diploma at the Bocconi Law School in 2018. In November 2019 she was admitted to the Italian Bar.

During her 18 months legal training period before qualifying she worked for two different law firms in Sicily and in Milan. She also worked as Academic Advisor at the faculty of Law of the University of Pavia before starting her first corporate experience with the legal department of Randstad Group Italy.

She loves her dogs, riding motorcycles, singing and healthy cooking.

Nicolò Bolla

 

Nicolò is an Chartered Certified Accountant currently practicing in Parma (Italy). He is a member of the ACCA.

His international studies in Italy, the UK and the USA allowed him to consolidate his special interest in international cross border business and tax issues.

Nicolò studied Business Administration and Accounting at the University of Parma and later obtained an MBA at Troy University in the U.S.

Throughout the years he has built up his advisory business for Italian and foreign businesses, as well as for individuals, helping them pursue their interests in full compliance with Italian tax legislation.

He helps businesses with their strategic decision processes, developing business and financial models to support their investment plans .

Nicolò was a successful hammer thrower at Troy University and he plays the upright bass.

Specialties: Italian tax, EU VAT, cross border tax, BEPS, tax compliance, managerial accounting, cost accounting, financial modelling and forecasting.