Expatriation Italy - tax comparison
🇮🇹

Italy

VS
Expatriation United Kingdom - tax comparison
🇬🇧

United Kingdom

Italy vs United Kingdom

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
43%
🇮🇹 Italy
vs
45%
🇬🇧 United Kingdom
Monthly cost (single)
1 200 €
🇮🇹 Italy
vs
1 800 €
🇬🇧 United Kingdom
Safety
5/10
🇮🇹 Italy
vs
5/10
🇬🇧 United Kingdom

Taxation

🇮🇹Italy
🇬🇧United Kingdom
Top income tax bracket43%45%
Corporate tax24%25%
Capital gains26%24%
VAT22%20%
Tax treaty with FranceYesYes
Special regimeRégime Impatriati (70 % d'exonération)None
Wealth taxNoNo
Territorial taxationNoNo
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Cost of living

🇮🇹Italy
🇬🇧United Kingdom
Monthly cost (single)1 200 €1 800 €
Monthly cost (couple)1 900 €2 900 €
City center rent900 €1 600 €
Outside city rent550 €1 000 €
Private health insurance0 €0 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇮🇹 Italy2 100 €/mo
🇬🇧 United Kingdom3 400 €/mo

Italy is approximately 1 300 € cheaper per month in total.

Quality of life

🇮🇹Italy
🇬🇧United Kingdom
Average temperature15°C11°C
Safety5/105/10
Health index65/10073/100
Internet80 Mbps100 Mbps
Timezone vs Paris+0h-3h
French-speaking communitySmallLarge
LanguagesItalienAnglais
CurrencyEuro (EUR)Livre sterling (GBP)
Corruption index56/10071/100
Democracy index7.69/108.54/10

Settling in

🇮🇹Italy
🇬🇧United Kingdom
Residence permit delay6 months6 months
Company creation11 days5 days
Bank accountModerateModerate
Political stability7/108/10
Ease of business58th worldwide8th worldwide

Summary

🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy
🇬🇧

United Kingdom

  • Top IT: 45% | Corp. tax: 25%
  • Cost of living: 1 800 €/mo
  • Safety: 5/10 | Health: 73/100
View full profile United Kingdom

Comparative analysis: Italy vs United Kingdom

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 43% in Italy and 45% in United Kingdom. Corporate tax is 24% and 25% respectively. Capital gains are taxed at 24% in United Kingdom versus 26% in Italy.

Which country is cheaper to live in?

The cost of living is lower in Italie. A single person spends about 1 200 EUR/month excluding rent, compared to 1 800 EUR/month in Royaume-Uni. City center rent averages 900 EUR versus 1 600 EUR.

Which country is safer?

Both countries have an identical safety score of 5/10.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.