Tax on pensions
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I plan to retire to Italy in 3 - 4 years time and leave the UK permanently. I no longer want to pay any tax to this country (UK) but worry that I may be financially worse off in Italy. My pensions will be quite modest (state + 4 mediocre private schemes), how does the Italian system compare? Is there an allowance followed by a standard reduction or is it more complex? I'm sure there are many of you who have chosen to dump the UK covert corrupt system for the Italian overt corrupt system.