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Italian flat tax – an update

The Italian government issued a Decree doubling the flat tax on foreign income and gains from €100,000 to €200,000, with gains from the sale of qualified shareholdings in the first five years still exempt. The Decree takes effect on August 10, 2024, and applies only to individuals transferring tax residency to Italy after this date. Residency is defined as a person’s habitual abode, based on both factual presence and intent. Existing beneficiaries of the €100,000 flat tax are not affected by the increase. The Decree must be converted into law by Parliament within 60 days and may be amended during this process.

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POLAND: Mandatory Disclosure Rules are ruled unconstitutional

EU Directive implementing mandatory disclosure rules seen as unconstitutional in Poland

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Italian Individual Tax, towards the doubling of the flat tax for the rich who return to Italy

The flat tax might be doubling for the rich who transfer their tax residence to Italy.

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The new Labour Government have made their first official announcement on the non-dom reforms

On 29 July 2024 the Chancellor of the Exchequer, Rachel Reeves has confirmed the removal of preferential tax treatment based on domicile status for all new foreign income and gains (FIG) that arise from 6 April 2025 and the implementation of a new residence-based regime.

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UK GENERAL ELECTION UPDATE – Important Tax News – UK Budget 2024

The UK prime minister’s decision to call a general election for 4 July 2024 means that UK Parliament will be dissolved next Thursday (30 May).

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‘Non-Dom’ already in the UK for more than 4 years

After Brexit, it became politically fashionable to “abolish res non-dom”.

As from 6 April 2025, there will almost be no more non-domicile. That means there is one last year of the remittance basis and RND regime.

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Spring Budget

British flag on the background of the historic building of Londo

On March 6th, the UK government unveiled a series of pivotal reforms aimed at steering the nation towards a brighter future. Here are the key announcements from the Spring Budget that may capture your interest:

Replacing Non-UK Domicile tax rules with a residence-based regime

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Are you a ‘Non-Domiciled’ and wondering how the last announcement by the Chancellor is going to affect you?

VERA Group embarks on an exciting journey as our esteemed CEO engages with the dynamic team of Saltwater Sutra in the lively setting of Goa, India.
India stands as one of the world’s swiftest-growing economies, with High Net Worth Individuals (HNWIs) increasingly turning their gaze towards European investments.

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VERA Group at the Launch of Sauber Stake F1

Aerial top view motorsport race asphalt track circuit motor raci

VERA Group was honoured to receive an invitation from Alessandro Alunni Bravi to attend the electrifying Kick Sauber event at London’s historic Guildhall on February 5th. It was at this esteemed gathering that the curtains were lifted on Sauber’s latest masterpiece: the C44, marking the dawn of a thrilling new chapter for the Stake F1 Team.

Vera Group

VERA Group CEO meets Saltwater Sutra in Goa, India

VERA Group embarks on an exciting journey as our esteemed CEO engages with the dynamic team of Saltwater Sutra in the lively setting of Goa, India.
India stands as one of the world’s swiftest-growing economies, with High Net Worth Individuals (HNWIs) increasingly turning their gaze towards European investments.

Vera Group

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