lavoratori impatriati Tax

Member since 06 January 2020

Lentini74Member23 October 2020 10:54:27

Hi all,

I currently live in the UK and am Italian moving back to Italy.聽 I qualify for the lavoratori impatriati tax.

My questions is does my UK property qualify as income under the lavoratori impatriati tax ? and be part of the reduced tax regime benefit ?

I would manage the UK property from Italy so from my understanding I would be working from Italy therefore qualify as income based in Italy.

If anyone has some experience with this or more information I would appreciated some advice.

Thank you in advance

Carlo Veronese Active member

Member since 07 September 2020

Carlo VeroneseActive member23 October 2020 13:13:38

HI,
no foreign incomes are allowed to benefit of the tax relief of the impatriati regime.
So this mean that your foreign income will be taxed by the ordinary regime.

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Carlo Veronese
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Lentini74 Member

Member since 06 January 2020

Lentini74Member23 October 2020 13:32:01

Hi thank you for the reply.聽 What about Stock and Shares invested ?

Any thoughts on how rental assets could be better invested to benefit from the tax regime or not be double taxed.聽 At the current view I will pay nearly zero tax on rental income in UK and over 拢10k in Italy !!!!

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Carlo Veronese Active member

Member since 07 September 2020

Carlo VeroneseActive member23 October 2020 14:34:12

Does anybody has already calculated that amount? It doesn't seems very consistent when compared with the zero tax in UK.
Anyway reporting an income to the tax Authorities in Italy, follows one simple rule.
First you're allowed to report your foreign income in Italy on the same foerign tax basis. Then you may claim taxes paid in the foreign Country against the tax due in italy, for the clearing of which you have the right.
In order to give you a correct supporting I need your last UK tax return, and an estimation of your future italian income.
Of course we enter into a professional area then I will charge my fees for this consultancy as well, and I'll be glad to submit my best proposal if you want this professional support.