Summary of budget fiscal measures
The Office of the CfR has published an overview of the budget measures relating to Income Tax which were announced in the budget speech for 2023. Download here....
9 November 2022
Budget Measures Implementation Bill
Following the Budget 2023 speech earlier this week, the Budget Measures Implementation Bill has been tabled in Parliament. View the Bill here....
26 October 2022
Budget 2023 – Fiscal Measures Highlights
Yesterday evening the Minister for Finance and Employment, the Hon Clyde Caruana, delivered the Budget Speech for 2023. The following is an overview of some of the fiscal measures announced: Tax refunds will once again be issued in 2023, ranging from €60 to €140, to individuals...
25 October 2022
Malta Budget 2023: Pre-Budget Consultation
The Ministry for Finance launched a Pre-Budget 2023 Consultation. The Pre-Budget document and presentation can be viewed here. Updated 23 September 2022: The Prime Minister has announced that the Budget for 2023 will be announced on 24 October 2022....
20 September 2022
Amendment to the Interest Rate Rules for Income Tax
LN 228 of 2022 has revised the second proviso to Rule 2 of the Income Tax (Rate of Interest) Rules, specifying that where the date by which tax is payable under the Income Tax Acts is 31 August 2022 or later date, interest shall be charged...
15 September 2022
Amendment to the Exemption from Tax on certain Property Transfers Rules
Rule 3 of the Exemption from Tax on certain Property Transfers Rules (SL 123.199) has been revised (LN 225 of 2022), extending the application of the rules to transfers made before 30 June 2023....
9 September 2022
Commission Workshop on CESOP
The Office of the CfR has notified all Payment Service Providers who may be affected by the new requirements coming into force on 1st January 2024 [Council Directive (EU) 2020/284 and Council Regulation (EU) 2020/283], that a workshop will be held on 23rd September 2022...
5 September 2022
Amendment to Income Tax on Pensions rules
SL 123.204 has been revised by LN 220 of 220. The amendments include the introduction of a definition of "pension income", reflecting the definition in SL 123.127 to which the rules previously referred, as well as a cap on the amounts exempt. The amendments apply with...
26 August 2022
Income Tax Return Deadline – REMINDER
!!REMINDER!! The extended deadline for submission of the Income Tax return ONLINE for basis year 2021 is 31 July 2022. To submit a personal income tax return online, log in to https://mytax.cfr.gov.mt using your E-ID account....
29 July 2022