The Italian pensioners tax allowance, that isn't.

Recently I have been having discussions with people about the supposed tax free allowance of €7500 for pensioners resident in Italy.  The problem is that this is an allowance that is not an allowance.

In fact it is nothing of the sort.  It is actually a tax credit

Setting up a business in Italy

Dear Readers,

I was recently contacted by a lady who has got into very big trouble for operating a business from the UK when her main centre of business activity was in Italy.  She explained that she had taken advice from many people (including verbal confirmation from the Guardia di Finanza) who all advised her incorrectly about how to set up a business correctly in Italy.  Below is an extract which she asked if I would communicate to the wider Expat community in Italy to try and avoid it happening to others.