rachel68's activity

Questions Asked

Having lived in a 400 year old cottage in the Midlands which we renovated we know exactly where to find really good repro' or genuine antique building materials in the UK but are starting all over again in Italy in the Lazio region with a 300 year

Thu, 06/07/2012 - 13:05

I think we might end up moving some of our possessions in a piecemeal fashion and I am wondering if anyone knows the cheapest way of sending biggish boxes to Italy?

Thu, 06/07/2012 - 12:56

We are an English family looking to find an Italian mortgage to renovate 'half' of our Italian home. Half will have been finished prior to the mortgage and have been told by Barclays to approach a local lender as I will have Italian residency.

Thu, 06/07/2012 - 09:39

I took some paid advice from a commercialista and then another offered me some kind advice too which is conflicting. I wondered if anyone has got any information on what value IVIE will actually be based on?

Mon, 06/04/2012 - 12:53

Our derelict casale is 300m2 with a nearly finished converted outbuilding of around 80m2. There seems to be lots of conflicting thoughts on what comprises 'luxury' in terms of IMU which I understand incurs higher taxes.

Wed, 05/30/2012 - 14:26

I read that you are not allowed to let your 'prima casa' but in our case our farmhouse has an outbuilding (not joined) which we are making habitable and would like to rent out to supplement our income. We would be living in our house.

Sun, 05/20/2012 - 13:59

Can anyone tell me the implications of renting our current family home in the UK when we become resident in Italy? Initially it is likely just myself and not my partner will take up residence in Italy.

Fri, 05/18/2012 - 13:09

We recently bought a house (September 2011) expecting the tax to be calculated on the catastal value which we were told is always less than the purchase price so worked out a worst case scenario and expected to be a little pleasantly surprised.

Mon, 05/14/2012 - 19:00

Hello,We are a family grappling with how to best sort out the financial side of renovating our casale in the Sabina mountains which will be our main home in a few years time.

Mon, 05/14/2012 - 11:33

I saw some postings regarding driving to Italy mentioning ferry crossing costs of £60. When I've looked into ferry costs they seem to be hugely more than this...we live in Edinburgh but are often South so could use several port options.

Sun, 05/13/2012 - 12:45

Comments posted

Answer to: IMU declaration
Mon, 11/26/2012 - 13:30

I'd agree with you Terry if it were the case that people were always bending the rules deliberately....sometimes though, as with our family, with one of us continually being posted overseas, we would be constantly 'penalised' by countries we had chosen to live in, or would never be able to have the same status as residents anywhere, as we only ever reliably stay in a country for a certain period just because of my partner's job...until retirement. In our case our home in Italy will genuinely be our 'family' home with some jiggery pokery over the next few years until our work situation allows some extended stability!

Answer to: IMU declaration
Mon, 11/26/2012 - 12:33

Fillide and Ram, that's really helpful. Thank you so much. I've been trying to get this information out of our notaio for over a year and am still none the wiser. I think part of the problem is trying to deal in emails in italy... will wait with baited breath for the reply from Ram's notaio. 

Answer to: IMU declaration
Mon, 11/26/2012 - 08:54

I'm also confused now by what the general consensus seems to be! Any further thoughts ...?

Answer to: IMU declaration
Fri, 11/23/2012 - 10:08

 Thanks for asking the question stevgwmonkseaton...we have similar queries as having bought our place as a 'Prima Casa' with the intention of renovating and living in Italy full time from the '18 month' period given to us in our purchase contract, my partner's job could well end up being in another country. I am therefore wondering what will happen to us in terms of purchase taxes if I've only been resident in Italy for a year or two and then join him wherever he gets posted? It's particularly important in our case because the house was classed 'collabenti' (derelict) which meant we paid purchase taxes based on the full purchase price not the lower catastal value and it'll be unbelievably financially painful if we have to find the difference in the differing % of purchase taxes for a 'non- resident'. So to be clear RAM, if I take up residence next March as is the plan,  and our little one starts at the village school for a year, but then we may decide to live wherever my partner is posted (likely 4 year posting) we wouldn't be persued for the difference between the non-resident purchase taxes but would obviously have to pay the different IMU etc for the house being classed as seconda casa? In addition does anyone know if there is a 'cut off' point at which, if a property has been given a catastal value which it didn't have at point of purchase, you could go back to the tax office and ask for a re-evaluation fo the purchase taxes. I have heard of this happening but am hazy and haven't heard about it from anyone with firsthand experience...

Mon, 11/19/2012 - 08:46

Thanks both of you, much appreciated. Very useful responses! 

Wed, 11/14/2012 - 05:21

Ryanair also drop routes too....even ones which have been really popular and consistently full. Because Ryanair established routes from Edinburgh and Glasgow to Rome for years and have now suddenly dropped them there is now no longer a flight to Rome from anywhere in Scotland with any airline! Don't you think that's surprising? As Scottish residents we bought near Rome never imagining in a life of Sundays that it was such an important route worth it would never be dropped...alas!!

Mon, 11/12/2012 - 08:43

How bizarre! I have a freehold property with big IVIE implications so very curious to get to the bottom of this! 

Thu, 11/08/2012 - 19:20

Thanks for your comments. I understand about double-taxation but when the two countries don't have a mutually agreed sert of allowable expenses from letting property (I understand alarmingly that I can't, for example, deduct my mortgage interest payments for a rented out UK house in calculting my Italian tax owed simply because the mortgage isn't Italian!) it all feels very alarming! It sounds from what you are saying that I literally have two have two parallel accounts. What I don't understand is under the double taxation agreement will I deduct the UK tax based on between April-April in a rather 'loose' way against tax due in Italy from a Jan-Jan year?  I will goa nd see a commercialista next time I'm out but want to absorb all the complications myself before asking the questions!

Fri, 10/26/2012 - 10:03

Another thought...Can anyone tell me whether switching our Italian property into my partner's sole name (it's currently in my sole name) as his prima casa (he works for the British Council so is a UK civil servant) and thus having the benefit of handing the ins and outs of these double taxation complications to his payroll team sounds like a more sensible idea than having it in my name when all my income is UK based through rental income? 

Fri, 10/26/2012 - 04:37

Thank you Penny and Panner, I really do appreciate this advice. I'll be so much more efficient going to a commercialista with all this info' up my sleeve! You mentioned 15% but sometimes 30% being the going rate on allowed 'expenses' on the Italian tax side for let property. Does anyone else have experience fo this and knows when the 30% rate will be allowed? I am feeling very naive...having done the maths my income will drop hugely in paying the second dollop of tax when I become Italian resident if I'm not allowed to claim back certain expenses which have been the norm for me in the UK...