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),...
The Budget Measures Implementation Act – Act XIII of 2024 – has been published. View here. The Act amends: the Customs Ordinance Cap 37 the Income Tax Act. Cap 123 the Central Bank of Malta Act Cap 204 the Social Security Act Cap 318 the Duty...
The Second and Sixth Schedules to the Excise Duty Act have been revised by LN 42 of 2024 and LN 43 of 2024. The scope of the amendments is to further implement Council Directive 95/60/EC regarding the fiscal markings of gas oils and kerosene and Council...
The MTCA has published the Social Security and Maternity Fund Contributions rates applicable for the basis year 2024. These may be viewed here....
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....
The Proviso to Article 4(1) of the Income Tax Act (CAP 123) has been revised by Act XXXV of 2023 to stipulate that income or capital gains arising from activities carried out in an exclusive economic zone area deemed to be carried out in Malta...
The Budget Measures Implementation Bill - a bill to implement Budget Measures for the Financial Year 2024 and other administrative measures - has been published. View here. The Bill proposes amendments to: the Customs Ordinance Cap. 37 the Social Security Act Cap. 318 the Value Added...
The Minister for Finance and Employment, the Hon Clyde Caruana, has delivered the Budget Speech for 2024. The following is an overview of some of the fiscal measures announced: A tax credit of a maximum of €500 on donations made by businesses to voluntary organisations...
The Malta Tax & Customs Administration has issued a guidance note which lists the UK regulated markets that are recognized by the Commissioner for the purposes of the Income Tax Acts and the Duty on Documents and Transfers Act. View here. This complements the guidance issued...
