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...
The Minister for Finance and Employment, the Hon Clyde Caruana, has delivered the Budget Speech for 2026. Download the Budget Speech here. The following is an overview of some of the fiscal measures announced: INCOME TAX → The income tax brackets for individuals (married and parent computations) who...
The MTCA has issued a notice to operators on the importation of goods from the Belarus and Russia pursuant to the additional duties recently imposed at an EU level on goods from these countries....
The MTCA has announced that Merchant's Request Form (Form 12) is now available for free download from the MTCA website. ...
LN 195 of 2025 has amended the fifth and sixth schedules of the Excise Duty Act, introducing the Smokeless Tobacco Regulations as well as excise duty on such products....
To mark its 30th anniversary, the Institute is offering alumni of the MIT Course on Taxation, who completed the course between 2005 and 2019, the opportunity to supplement the knowledge obtained by enrolling for any lecture/s of the MIT Course on Taxation 2025/2026. The MIT Course...
The Determination of Additional Penalty Rules, 2025 have been enacted pursuant to L.N. 177 of 2025. These rules, issued under the DUTY ON DOCUMENTS AND TRANSFERS ACT, the INCOME TAX MANAGEMENT ACT and the VALUE ADDED TAX ACT, establish the manner in which the additional...
Bill 142 of 2025 (See MIT News 1 August 2025) has secured parliamentary approval and has been enacted as Act No. XXX of 2025, published on 11 August 2025. The Act amends various Revenue Acts – the Social Security Act, the Duty on Documents &...
Bill 142 proposes to amend various Revenue Acts - the Social Security Act, the Duty on Documents & Transfers Act, the Income Tax Management Act and the VAT Act - as well as the Various Laws relating to the Proceeds of Crime (Amendment) Act and...
