The Deductions and TaxCredits (Relevant Qualifications for Industry) Rules (SL 123.107) have been revised by LN 323 of 2004, extending the Get Qualified Scheme up until 31 December 2025. Under the Get Qualified Scheme Students following courses approved by the Malta Enterprise can apply for tax...
The MTCA has issued a Notice to Tax Representatives who downloaded the supplementary tax return document Version1.1 from the MTCA website on November 27th or 28th, 2024, that is no longer available. View here....
Further to the Budget for 2025 announced on 28 October 2025, the Budget Measures Implementation Bill has been published. The bill proposes amendments to: Part II Amendment to the Customs Ordinance. Cap. 37. Part III Amendments to the Income Tax Act. Cap. 123. Part IV...
The Minister for Finance and Employment, the Hon Clyde Caruana, has delivered the Budget Speech for 2025. The following is an overview of some of the fiscal measures announced: → The income tax brackets for individuals (single, married and parent computations) will be widened, which is...
The Malta Tax & Customs Administration has published a new Guidance Note in Relation to the Taxation of Insurance Businesses Following the Adoption of IFRS 17 Insurance Contracts Rules. View the guidance here....
The Malta Tax & Customs Administration launched a comprehensive Client Satisfaction Survey on 19 September. The survey, which has been sent to taxpayers by email, is aimed at gathering feedback from both service providers and individual taxpayers. ...
The Minister for Finance has launched the Pre-Budget Consultation Document 2025 Chapter 2 of the document, under the heading 'Ensuring Sustainability in Public Finances', provides an update on the programme for the modernisation of the Maltese Tax and Customs Administration, including: the implementation of a digitised...
The Income Tax (Deductions) (Amendment) Rules have been revised by LN 229 of 2024 to include provisions governing deductions made in accordance with the second proviso to article 14(1)(m) of the Income Tax Act in respect of expenditure of a capital nature on intellectual property...
Legal Notice 204 of 2024 has amended the First Schedule to the Immovable Property (Acquisition by Non-Residents) Act...
