from 1 July any act of sale must include a certificate of energy saving which every house in Italy will eventually need and should be displayed next to the numero civico of the property.
The requirement for health insurance is only that it is comprehensive - there is no amount involved. It may be that your province will allow you to take up Assicurazione Volontaria with the ASL which has a fixed fee, and is the cheapest option - but only if available. THe minimum income requirement is 6041 euros pa for a single person.
As yet nobody knows what IMU will be. It will be a combination of ICI and TARSU, but as the rates can be fixed by the comune itself they wont get round to it until March when they fix the budget.
All the press has been because the govt is lowering the limit on cash transactions (1000 euros) and this includes pensions. This means that lots of pensioners now have to open bank accounts for the first time in their lives in order to get their money - as pensions will be paid direct - (remember when this happened in the UK) - Obviously this is the reason why the bollo is being cancelled for accounts with low balances, they will also be free accounts by law, so the banks dont profit from pensioners (in theory). On the other hand, business accounts will now pay a bollo of 100 euro per year.
The tax is already in place the bollo you pay on your bank account will remain, but will be abolished for those bank accounts that have a median of lessthan 5000 pa. If you have over that amount you will continue to pay the bollo on your account for a total of around 35 euros pa. -
In addition there is a new budget clause which means that if you have a business based in another country you will be expected to pay 0.1% of the capital in Italian tax from next year - though nobody quite know how this works yet. If you spend 91 days in the UK you are tax resident, 183 days in ITaly, you are tax resident , and which leaves 92 days to be tax resident in another place - unless you spend it on a cruise I suppose - if you are legally tax resident in 2 countries simultaneously does it make the tax office computers melt?
The cash limit has always been 1000 - its the pension that was 500. Some people have said that their banks wont allow them to take out more than 1000 in a single go - they cannot do this. If they try threaten them with a lawyer or a denuncia. You may have to fill ina form saying why you want more than a 1000, and its up to the bank to notify the authorities if they suspect that you are using it for 'illegal' ends, but they cannot refuse you your money. The deduction on prima casa ICI is now 170 and not 200, but if you have kids under 26 living at home you get an extra 50 euro discount for each child.
I was brought up in yorkshire winters, had no long trousers till I went to big school and walked a mile to junior school in snow drifts in short trousers and proper shoes. I live in Sicily and have to admit that a cervicale, and a colpa d'aria are definitely real and painful illnesses. It may be 23 degrees today here, but I have a scarf on when drving the car otherwise my neck will hurt unbearably. Got a colpo d'aria doing the gardening at the weekend in 20+ degrees and you feel it - may be its because my blood is thinner than it used to be - but its not Italian hypochondria. IN Yorkshire we dont have days with a temperature variation of 20+ degrees, so you dont need to dress like a cipolla.
Your bank account in ITaly is protected up to 103.265 euros, but not by the governemnt. There is an interbanking insurance which covers you in the case of your bank going belly up. HOwever, if all the banks go belly up its not quite clear who covers the individual bank account holder. Having said that, I wouldnt believe one or the other. The banks will be ok because the salva stato funds go to the banks, not the people nor the country. Whether the banks choose to share them is another thing.
Its not that transactions have to be done electronically but that they are traceable. An old fashioned cheque is fine, postal order even. You will be able to get more than 1000 out of your bank, but you will have to be prepared for a GdF investigation. The bank will be forced to notify the authorities because of 'unusual' movements on your accounts. You will have to be able to explain with fatture why you needed a lump sum that was so, well, lumpy. The 10.000 is specific to Italy, in that you can bring in 10K and take out 10K in cash. Today 10 cents on a litre of unleaded, 13.5 on diesel, 2.7 on GPL and less than 1 on methane - big incentive to ride a cow to work.
Comments posted
The requirement for health insurance is only that it is comprehensive - there is no amount involved. It may be that your province will allow you to take up Assicurazione Volontaria with the ASL which has a fixed fee, and is the cheapest option - but only if available. THe minimum income requirement is 6041 euros pa for a single person.
As yet nobody knows what IMU will be. It will be a combination of ICI and TARSU, but as the rates can be fixed by the comune itself they wont get round to it until March when they fix the budget.
All the press has been because the govt is lowering the limit on cash transactions (1000 euros) and this includes pensions. This means that lots of pensioners now have to open bank accounts for the first time in their lives in order to get their money - as pensions will be paid direct - (remember when this happened in the UK) - Obviously this is the reason why the bollo is being cancelled for accounts with low balances, they will also be free accounts by law, so the banks dont profit from pensioners (in theory). On the other hand, business accounts will now pay a bollo of 100 euro per year.
The tax is already in place the bollo you pay on your bank account will remain, but will be abolished for those bank accounts that have a median of lessthan 5000 pa. If you have over that amount you will continue to pay the bollo on your account for a total of around 35 euros pa. -
In addition there is a new budget clause which means that if you have a business based in another country you will be expected to pay 0.1% of the capital in Italian tax from next year - though nobody quite know how this works yet. If you spend 91 days in the UK you are tax resident, 183 days in ITaly, you are tax resident , and which leaves 92 days to be tax resident in another place - unless you spend it on a cruise I suppose - if you are legally tax resident in 2 countries simultaneously does it make the tax office computers melt?
The cash limit has always been 1000 - its the pension that was 500. Some people have said that their banks wont allow them to take out more than 1000 in a single go - they cannot do this. If they try threaten them with a lawyer or a denuncia. You may have to fill ina form saying why you want more than a 1000, and its up to the bank to notify the authorities if they suspect that you are using it for 'illegal' ends, but they cannot refuse you your money. The deduction on prima casa ICI is now 170 and not 200, but if you have kids under 26 living at home you get an extra 50 euro discount for each child.
I was brought up in yorkshire winters, had no long trousers till I went to big school and walked a mile to junior school in snow drifts in short trousers and proper shoes. I live in Sicily and have to admit that a cervicale, and a colpa d'aria are definitely real and painful illnesses. It may be 23 degrees today here, but I have a scarf on when drving the car otherwise my neck will hurt unbearably. Got a colpo d'aria doing the gardening at the weekend in 20+ degrees and you feel it - may be its because my blood is thinner than it used to be - but its not Italian hypochondria. IN Yorkshire we dont have days with a temperature variation of 20+ degrees, so you dont need to dress like a cipolla.
Your bank account in ITaly is protected up to 103.265 euros, but not by the governemnt. There is an interbanking insurance which covers you in the case of your bank going belly up. HOwever, if all the banks go belly up its not quite clear who covers the individual bank account holder. Having said that, I wouldnt believe one or the other. The banks will be ok because the salva stato funds go to the banks, not the people nor the country. Whether the banks choose to share them is another thing.
using this clever widget from La Repubblica. http://www.repubblica.it/economia/2011/12/05/news/calcolatore_nuova_ici_imu-26132271/?ref=HRER1-1
Its not that transactions have to be done electronically but that they are traceable. An old fashioned cheque is fine, postal order even. You will be able to get more than 1000 out of your bank, but you will have to be prepared for a GdF investigation. The bank will be forced to notify the authorities because of 'unusual' movements on your accounts. You will have to be able to explain with fatture why you needed a lump sum that was so, well, lumpy. The 10.000 is specific to Italy, in that you can bring in 10K and take out 10K in cash. Today 10 cents on a litre of unleaded, 13.5 on diesel, 2.7 on GPL and less than 1 on methane - big incentive to ride a cow to work.