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Taxes / Re: New 7% flat rate tax
« Last post by Relaxed on July 30, 2019, 08:05:28 PM »
The link which Geordie supplied does make it clear that it is only for newcomers (an applicant mustn't have been known to the agenzia delle entrate at any point in the last five years), and it only applies if you move into a comune with less then 20,000 inhabitants. What isn't entirely clear is what sort of pension income qualifies for this 7% rate (state pensions will, for sure, but private or non-state occupational pensions probably not). It also doesn't say for how long this low rate will apply!

It's clearly designed to encourage retirees to help boost the number of residents in somewhat depopulated areas.
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Taxes / Re: New 7% flat rate tax
« Last post by levissima on July 30, 2019, 03:27:30 PM »
I spoke with my commercialista today and he knew about this new tax but said he thinks it is only applied to new residents and is awaiting clarification whether it can be applied to people who are already resident. 🤞
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Sales and purchases / Re: House for sale in Pescara Province
« Last post by GeordieBorn on July 30, 2019, 11:29:01 AM »
Yep, best of luck whatever you decide to do.
In some ways the currency market is just as important and at the moment it would be in favour of selling, depending of course what it was when you bought. But I suspect there is not many a time it has been so low. I also think you have to take into account the amount of joy you have had from the place and the wealth of gain of living in a different culture - no way you can put a price on that.
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Sales and purchases / Re: House for sale in Pescara Province
« Last post by redslk on July 30, 2019, 10:43:27 AM »
Thanks Levi
Is only in a "contemplating" mode at the moment, we are unsure of the market for selling so am sounding out interest, has not been officially marketed yet.
Even if we do sell, we shall be returning for holidays to ensure we keep in touch with friends we have made over the years, the restaurant local to us now has a 3 room B&B at quite reasonable prices so we can stay there when needed.
We won't be lost to Italy / Abruzzo completely :D
Andy
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Sales and purchases / Re: House for sale in Pescara Province
« Last post by levissima on July 30, 2019, 09:12:19 AM »
Be sad to see you go but good luck with the house sale.
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Sales and purchases / House for sale in Pescara Province
« Last post by redslk on July 29, 2019, 08:47:43 PM »
Hello All
We are contemplating, selling our house in a small town, half an hour from Pescara, a little more to the mountains. Gorgeous view of  La Bella Donna addormentanta, lovely neighbours and manageable garden.
We have had the house for 12 years, if anyone feels they may be interested, please contact and fuller details can be sent.
Andy
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Taxes / Re: New 7% flat rate tax
« Last post by levissima on July 22, 2019, 12:39:53 AM »
Thanks for that, could be useful, especially as I?m hearing thar IVA is going up to 25%😱
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Taxes / New 7% flat rate tax
« Last post by GeordieBorn on July 21, 2019, 10:29:43 PM »
Came across this LINK on another forum, it may be of interest to some here...
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Taxes / Tax breaks for new residents
« Last post by levissima on June 20, 2019, 06:53:06 PM »
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Taxes / Re: Paying Tax on Private Pension
« Last post by GeordieBorn on March 07, 2019, 11:06:51 AM »
Did they say they would put that in writing Berti  ;) Good luck whatever you do. Sometimes I think Levi's recent advice is spot on, but can leave you worrying.
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