LN 363 of 2024 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 and 7 until 31 December 2025 and excluding immovable property intended for the storage of goods...
LN 325 of 2024 has extended the periods of applicability, by another year, of measures under the following laws: Exemption of Duty in terms of article 23 Order Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order Duty on the...
Further to the changes to the Excise Duty Act announced in the Budget Measures Bill, which, once enacted, will come into effect on 1 January 2025, the Malta Tax & Customs Administration has published a notice to operators which contains guidance on the transition to...
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 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...
In terms of LN 110 of 2024, no duty shall be levied under the Duty on Documents and Transfers Act (CAP 364) on the grant of temporary emphyteusis over a designated property by SportMalta to a sports association....
The MTCA has published Legislative Update 3 of 2024, which gives an overview of subsidiary legislation issued under the Income Tax Acts between January and April 2024. source: cfr.gov.mt...
Taxpayers are reminded of the following 30 April 2024 deadlines: 15% Tax on Rental Income - TA24 10% Tax on Part-Time Self-Employment - TA 22 Provisional Tax and Social Security Contributions - PT1 For information on Online Payments to the Malta Tax & Customs Administration (MTCA),...
