TAX DEDUCTIBLE FOR INCOME TAX PURPOSES IN ITALY

I am often asked which expenses can be detracted from income in Italy. These serve to reduce your potential tax liabilities.

The future of Sterling v Euro

In this blog I want to look at what has happened to sterling since Brexit and the outlook. In 2015, when the world seemed a lot more secure, GBP v EUR was trading over 1.40 and life seemed good. Anyone holding GBP based assets and incomes would find that their money went a long way. Today it is trading at 1.17.  

RECIPROCAL HEALTHCARE RIGHTS FOR UK NATIONALS LIVING IN ITALY.

 

IMPORTANT NEWS FOR RECIPROCAL HEALTHCARE RIGHTS FOR UK NATIONALS, INCLUDING HOLDERS OF THE S1 CARD, LIVING IN ITALY. 

Your cash is under attack...

I have been writing these blogs 10 years this year, after sending out my first one in 2009. Looking back at the very first one just the other day, I saw how it had developed and how the concepts I discuss have changed dramatically.

ALL THIS TALK OF RECESSION...

There is much talk of global recession and economic slowdown in Germany, the UK, the US and China.

SNAKES AND LADDERS POLITICS AND HOLIDAY RENTALS

I had always thought that Brexit was a game with more twists and turns than a game of snakes and ladders, but then along came the joy of Italian politics with the rise and fall (for now) of Salvini, Trump, China and endless other news stories.  

Keep your eyes on Greece this summer

The Greeks are heading back to the polls shortly after Alex Tsipras, the current Prime Minister, called a snap election for the 30th June after the party’s devastating defeat in the European elections.

Salvini: just what is he up to?

Just after Easter this year I was invited to a barbecue on the outskirts of Rome in a place called Tivoli. Villa Adriano and Villa d'Este are nearby.

 

Watch out for your uber-rich neighbours

As the rest of the world is starting to talk more frequently about closing in on the uber-rich and making them pay more tax, Italy has gone the other way.   

We need to talk about China...

If you hadn't already guessed, this blog is about the economic powerhouse: China. 

A LITTLE BIT OF BREXIT

I try to avoid the subject of Brexit on my blog, mainly because by the time I have written anything it has all changed 5 minutes afterwards. However, on this occasion I have some news that I want to share.   

CUSTOMER SERVICE IS MAKING A COMEBACK AND IT'S GOOD FOR INVESTORS

I don't think a day goes by when I speak with someone living in Italy who cannot recount a story of just about the worst customer service they have experienced. 

Tax matters...

Every year I like to run a summary of the tax laws which mainly affect us and any proposed changes. There will also be some changes for UK home owners, post Brexit, which I will touch on and the proposed changes to the existing tax rates and the potential tax incentives.

Sono un cittadino Italiano

 

Well, before I start this blog I thought I should let you know that I am now a citizen of Italy.

INTEREST RATES HAVE BEEN FALLING SINCE THE LATE 1970s.

Whilst the market and the media are giving us daily anxiety attacks about the valuation of our portfolio, something much more sneaky is taking place. That something is slowly eroding the value of our savings and investments and is by far and away the most destructive force against our money because it is real and quantifiable: INFLATION.

An intro to the friend you didn't know you had...

Buon Anno...I hope you had a relaxing Christmas and New Year and are ready for the shenanigans of politics which await us in 2019.