On 5 January 2026 it was announced that the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have agreed on key elements of a package - the "side-by-side package" - that establishes the way forward on the global minimum tax arrangements. See the...
The MTCA has published the 2026 tax rates for individuals - click here. A guidance document on the application of the new rates has also been published. The new FS4 is also available for download - here....
As announced in the 2026 Budget Speech, new personal income tax rates will come into effect on 1 January 2026 specifically for families with one child and for families with two or more children. The MTCA has published an overview of the current tax brackets, the...
LN 279 of 2025 has revised the Deduction (Income from Employment) Rules, increasing the threshold in Rule 2(a) with effect from YA 2027....
LN 284 of 2025 has revised the Relief from Income Tax and from Duty on Documents and Transfers on Certain Property Transfers Rules, extending the application of Rules 3, 7 and 13....
The Malta Business Registry (MBR), in collaboration with the Malta Tax and Customs Administration (MTCA), have announced that as from 1st December 2025, a single point of online submission will be introduced for the following forms through the BAROS platform: Form T – Transfer of...
The European Commission has published its 2026 Work Programme. In the area of tax the following proposals have been withdrawn: COM(2013)71 final - Proposal for a COUNCIL DIRECTIVE implementing enhanced cooperation in the area of financial transaction tax COM(2021)565 final - Proposal for a COUNCIL...
The MTCA has issued a guideline on the Senior Employees of Family Offices, Back Offices and Treasury Management Operations Tax Rules which were enacted by Legal Notice 250 of 2025 (See MIT News 17 October 2025). View the guideline here....
Further to the Budget for 2026 announced on 27 October 2025, the Budget Measures Implementation Bill has been published. The Bill 155 proposes amendments to: Part II Amendment to the Customs Ordinance. Cap. 37. Part III Amendments to the Income Tax Act. Cap. 123. Part...
