The Pensions (Tax Exemption) Rules have been updated by LN 5 of 2024. The revised rules, which update the exemption thresholds for pensions income, entered into effect from 1 January 2024....
The Deduction (Income from Employment) Rules have been revised by LN 1 of 2024 increasing the income threshold of €10,535 in Rule 2 to €11,620. The new rules apply with effect from YA 2025. ...
The MTCA has announced that the Annual Notification for non-disclosing intermediaries which is due by 29th February 2024 is available for download here. Notifications are to be made by sending a signed copy of the completed document together with the Excel file to mdr.mfin@gov.mt....
The MTCA has published the Social Security and Maternity Fund Contributions rates applicable for the basis year 2024. These may be viewed here....
The MTCA has published updated guidance in relation to the Notional Interest Deductions Rules....
The Commissioner for Tax and Customs has announced that, with effect from the period covered by the year of assessment 2024, any expenditure of a capital nature incurred on Intellectual Property or Intellectual Property Rights may, at the option of the person that has incurred...
LN 316 of 2023 has revised the Exemption from Duty in terms of Article 23 Order extending the deadlines in connection with the Exemption of duty on acquisition of residential property in Gozo....
Further to the announcement in the budget for 2024, the Tax Credit (Costs of Therapy Provided to Children with Disability) Rules, have been revised (LN 296 of 2023) to increase the allowance from eur200 to eur500 with effect from Year of Assessment 2025....
LN 289 of 2023 has extended the exemptions which apply in terms of: the Exemption of Duty in terms of Article 23 Order (SL 364.12) the Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order (SL 364.15) and the Duty...
