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.
5 years for a second home, not for prima casa. If you buy with prima casa agevolazione, you can sell when you like and not pay plusvalenza provided you have been resident for one day more than half the time you have owned the property. You then need to buy another prima casa within 12 months or you lose your agevolazione for good.
If you rescind your prima casa status - and dont buy/nominate another prima casa within 12 months, then you lose your prima casa agevolazione for ever - technically. If you mean could they get you because you have a prima casa for a little time before you decide to let it out - then its the same as the capital gain law. You need to have had residence for more than half the time that you have had the property to be exempt from having to pay back the difference in tax - up to the 3 or 5 year limit. It all sounds a bit drastic, but it does depend on how you let your house - you will be fine with a holiday let. Rent out your prima casa on a 4x4 and they will get you.
If you dont live in your prima casa, then you should technically rescind your prima casa status - at least if you let it - otherwise the Agenzia dell'Entrate will get you. If you just dont live in it, but live in, say, your OH's prima casa - then thats ok except that with IMU you cant have 2 prima case in the same comune.
Penny Im not clear on that. Farming land per se, brings no reduction. You pay or you dont pay depending on your comune. If you are an azienda/Cd you are exempt or you pay on Reddito agrario. If not you pay on Redditio Domenicale.
I think its something else - the comune want to you to declare what you own within 90 days of becoming owner - and if it differs from what it results as at catasto - so they can charge you the right amount of IMU - so if you buy a house and then double it, you must declare the new square metrage within 90 days so your taxes can be calculated accordingly. If you've already declared what you own for ICI (ie up until this year) or you own something due to an act of sale or a donation or a succession, then it will already be at the catasto and you dont have to do anything. Its whether youve got something by a carta privata, or in an unofficial capacity like a comodato d'uso... I wouldnt worry unduly.
You cant drive a foreign registered car in Italy for 12 months, it must be registered after 6, if Im not mistaken - so that complicates things with Saga.
Well Ill try - but leasehold as far as I am aware doesnt exist in Italy, certainly not in then UK sense. The only way it could possibly exist is if there is an owner of the suolo on which you have your house - but it would be a very rare occurrence, and probably extinct by now. It can happen with terraces for example. You have your terrace on the roof of your neighbour, and he owns the suolo and gives you a right to use it for a terrace for a fee or by usufrutto However, for a whole house it would be very very strange and probably impossible.
Your friend should get a contratto transitorio which is for any length of time up to 18 months (but over 30 days) and which not forsee the tenant having residency at the address. It should be registered at the Agenzia dell'Entrate by law - for which the landlord and the tenant pay 50% usually. It can be renewed again for any period up to 18 months. HE will have to get a codice fiscale, but that is all.. 2 or 3 months rent in advance is normal - but is open to negotiation. He can try to pay 1 month in advance and 1 month as a returnable deposit - at the end of the contract.
t gets complicated because the UK would consider you tax resident if you spend more than 180 days in a UK tax year (ie April to March) in the UK. I know this is a simplification of the rules but even they are not clearcut. Penny I thought it was 90 days in the UK, which is why all the VIPS bob in and out all the time?
Comments posted
5 years for a second home, not for prima casa. If you buy with prima casa agevolazione, you can sell when you like and not pay plusvalenza provided you have been resident for one day more than half the time you have owned the property. You then need to buy another prima casa within 12 months or you lose your agevolazione for good.
If you rescind your prima casa status - and dont buy/nominate another prima casa within 12 months, then you lose your prima casa agevolazione for ever - technically. If you mean could they get you because you have a prima casa for a little time before you decide to let it out - then its the same as the capital gain law. You need to have had residence for more than half the time that you have had the property to be exempt from having to pay back the difference in tax - up to the 3 or 5 year limit. It all sounds a bit drastic, but it does depend on how you let your house - you will be fine with a holiday let. Rent out your prima casa on a 4x4 and they will get you.
If you dont live in your prima casa, then you should technically rescind your prima casa status - at least if you let it - otherwise the Agenzia dell'Entrate will get you. If you just dont live in it, but live in, say, your OH's prima casa - then thats ok except that with IMU you cant have 2 prima case in the same comune.
Penny Im not clear on that. Farming land per se, brings no reduction. You pay or you dont pay depending on your comune. If you are an azienda/Cd you are exempt or you pay on Reddito agrario. If not you pay on Redditio Domenicale.
I think its something else - the comune want to you to declare what you own within 90 days of becoming owner - and if it differs from what it results as at catasto - so they can charge you the right amount of IMU - so if you buy a house and then double it, you must declare the new square metrage within 90 days so your taxes can be calculated accordingly. If you've already declared what you own for ICI (ie up until this year) or you own something due to an act of sale or a donation or a succession, then it will already be at the catasto and you dont have to do anything. Its whether youve got something by a carta privata, or in an unofficial capacity like a comodato d'uso... I wouldnt worry unduly.
You cant drive a foreign registered car in Italy for 12 months, it must be registered after 6, if Im not mistaken - so that complicates things with Saga.
Well Ill try - but leasehold as far as I am aware doesnt exist in Italy, certainly not in then UK sense. The only way it could possibly exist is if there is an owner of the suolo on which you have your house - but it would be a very rare occurrence, and probably extinct by now. It can happen with terraces for example. You have your terrace on the roof of your neighbour, and he owns the suolo and gives you a right to use it for a terrace for a fee or by usufrutto However, for a whole house it would be very very strange and probably impossible.
Your friend should get a contratto transitorio which is for any length of time up to 18 months (but over 30 days) and which not forsee the tenant having residency at the address. It should be registered at the Agenzia dell'Entrate by law - for which the landlord and the tenant pay 50% usually. It can be renewed again for any period up to 18 months. HE will have to get a codice fiscale, but that is all.. 2 or 3 months rent in advance is normal - but is open to negotiation. He can try to pay 1 month in advance and 1 month as a returnable deposit - at the end of the contract.
t gets complicated because the UK would consider you tax resident if you spend more than 180 days in a UK tax year (ie April to March) in the UK. I know this is a simplification of the rules but even they are not clearcut. Penny I thought it was 90 days in the UK, which is why all the VIPS bob in and out all the time?
which is partisan, full of bile and stupefaction, but should still give you an idea as to the mess Italy is in... http://www.avavada.com