Capo Boi's activity

Questions Asked

We have just completed the eleventh year of renting out our house for the summer. As I think I said before in previous posts, in all this time we have only had two vacant weeks.

Sat, 09/03/2011 - 12:05

Despite the bailouts of Greece, Ireland and Portugal the euro has been very strong of late. There is currently a growing view that if "weaker" nations are forced out of the euro zone then the euro will strengthen further. (Italy is probably the mi

Wed, 04/20/2011 - 14:48

Just been billed for Tassa rifuiti. Wait for it................... Wait for it................... Wait for it................... Wait for it...................   Year 2004.

Fri, 03/11/2011 - 14:55

What have the EU (and David C) ever done for us? The aqueduct, sanitation, roads, irrigation, medicine, education, health.... Hearing the BBC iplayer is shortly to be made available overseas at a subscription of around £7.50 per month.

Thu, 03/03/2011 - 17:34

I know pv has been covered extensively in the past, but I thought that it may be helpful to post the current numbers and maths that are being advertised here. (Sardinia). This is for a carport installation roofed by 3kw of pv panels.

Thu, 02/17/2011 - 14:46

First of all, I would like to say that other than the odd bottle of wine or meal, I have no financial interest whatsoever,  in any property or estate agency business. That said, just speaking around, there does seem to be a general feeling that th

Sun, 02/06/2011 - 17:06

Feels to me, £ is too high.

Tue, 09/21/2010 - 07:57

For anyone looking to run a bed and breakfast (or already running one) there is an excellent article in this month's "Cose di Case" magazine (August).

Tue, 08/03/2010 - 12:58

Has anyone got a really good method of cooking/recipe? Have loads in the l'orto but never seemed to be able to cook these with satisfactory results. I've only got a frying pan, so cannot deep fry.

Sun, 06/06/2010 - 04:37

It seems that the conventional wisdom that sterling would collapse on a hung parliament is being turned on its head.

Fri, 04/23/2010 - 17:00

Comments posted

Sat, 06/05/2010 - 16:19

I get the impression that the market is still quite slow. There are no real price surveys such as Halifax-Nationwide etc as there are in the UK. Its a very regional thing but from reading some of the national press it does'nt feel that there has been any recovery. Maybe to the contrary as actual transactions don't seem to have picked up. The summer period normally corresponds with the peak selling period so now should be the best time to put your property on the market if thats what you are thinking of doing. As far as UK buyers are concerned, I really would'nt spend too much time there. Better in my opinion to market into the Italians themselves, the Swiss and Germans. Good luck.

Sat, 06/05/2010 - 04:37

I think there is maybe some confusion beetwen gross and net rates here. Here the gross rate is around €14 per hour for an unskilled worker. (That is what you pay). After the various deductions this will translate to something like €9 in take home pay. Fillide is implying a much higher gross rate.

Sat, 06/05/2010 - 04:11

I agree with what you have said pianopiano. The lower cadastral value can actually have the effect of turning a true net loss into a gain for UK cgt purposes.

Fri, 06/04/2010 - 06:20

Thanks Penny. I do agree with you and Fillide. I should probably have been clearer in that I was referring to gross wages. Completely concur about NI etc.

Fri, 06/04/2010 - 06:10

Agreed bunterboy, was only referring to potential cgt liability in the UK.

Thu, 06/03/2010 - 17:33

Very true bunterboy but always remember the currency effect. Four years ago £ was at 1.48. Even, today at 1.20 its still a gain of almost 20%. 

Thu, 06/03/2010 - 17:25

Think that was what I was trying to say pianopiano. If you are "resident" in the UK, you fall within the UK tax regime for all worldwide earnings, gains etc. Similarly, if you are "resident" in Italy then Italian laws apply on all worldwide earnings, gains. Double taxation treaties mean that tax paid in one country can be offset against tax due in the other.

Thu, 06/03/2010 - 17:08

Not sure where you are coming from here. An employer does not pay tax on an employees' earnings. Of course, may deduct tax on the employees behalf,  but ultimate responsibility to pay rests with the employee. €12-€16 per hour gross holds good.

Thu, 06/03/2010 - 13:31

Its not as simple as that. The whole crux revolves around where your proceeds will be deposited. For example, even with double taxation treaties (UK- Ialy) any potentiial liability will ultimately rest on the tax regime of the country that you are moving the funds to.

Thu, 06/03/2010 - 04:10

About the same here Patz. (Sardinia). €12-€16 per hour is the current going rate.