Originally Posted by Norman Stanley Fletcher
Ramsey - !
Regarding basing in Milan, I am not aware of any extra taxes there but others may be able to clarify that - you pay UK tax regardless of where you are based. Therefore the figures quoted apply to Milan as well - we make no distinction between bases. .
Not quite correct Norman, You will have to pay italian taxes from which you can deduct the UK taxes you paid. The italian tax on a basic salary of 70k would be around 50%, sector pay and duty pay are almost tax free in italy. So after deduction of UK NI and the Italian TFR (7%), a 70k basic and 12k sector and duty pay would give you a take home of around 3600 a month. When you leave the company the taxable TFR will be paid to you.
Italian operators pay a much lower basic and a much higher duty and sector pay, resulting in a higher take home pay!