Minibudget

The minibudget of yesterday has passed a couple of important new laws. Firstly any non resident who rents out a property in Italy will now pay the tax as cedolare secca – at 21% and this will be collected by any intermediary – agent or online portal. Secondly Airbnb type rentals will now pay the tassa di soggiorno if the comune applies it.

1and 2 cent coins will disappear from circulation from 2018, and prices will be rounded (presumably) up. Payments by card and non cash payment can remain at 19.99 (for example)