Tax question
#1
Thread Starter
Forum Regular



Joined: Apr 2013
Posts: 227











I have a house in Italy but am here for less than half a year, have no Italian income and am not tax resident. I need to transfer money into my Italian bank account to pay for house improvements. Is there a way of getting a bit of interest while the money is sitting there without getting drawn into the Italian tax system? For example an account that deducts tax at source?
#2
Have you looked at Wise Interest? They pay 3.5% on GBP. No need to enter into the Italian tax system.
https://wise.com/gb/interest/
https://wise.com/gb/interest/
#3
Forum Regular



Joined: Sep 2012
Posts: 207






I have a house in Italy but am here for less than half a year, have no Italian income and am not tax resident. I need to transfer money into my Italian bank account to pay for house improvements. Is there a way of getting a bit of interest while the money is sitting there without getting drawn into the Italian tax system? For example an account that deducts tax at source?




