15th November 2011
NEWS FLASH – the Monti government has now issued details of its new austerity package. Here is a brief rundown of the points of greatest interest:
IMU – nothing to do with Rod Hull – just our old friend ICI under a new name. The change comes into force from January 2012. This municipal tax will now be due on all houses, including main residences, prima casa, holiday homes etc.. That means if you own any property in Italy you will now need to pay the new IMU.