Budget 2022 – VAT refunds on qualifying properties

Budget 2022 – VAT refunds on qualifying properties

Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. With effect from 12 October 2021, persons who will own or who already own qualifying properties, may benefit from a VAT Refund of up to €54,000 on the first...
Budget 2022 – Grant to first time buyers

Budget 2022 – Grant to first time buyers

Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. First time buyers buying qualifying properties will receive a grant of €15,000, which will be increased to €30,000 in respect of properties situated in Gozo....
Budget 2022 – Cost of Living Allowance

Budget 2022 – Cost of Living Allowance

Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. Cost of living adjustment will be Eur1.75 per week. Which will be applicable to all employees, pensioners and those entitled to social benefits.  Students...
Budget 2022 – Tax free pension income

Budget 2022 – Tax free pension income

Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. In a bid to encourage pensioners to continue working beyond retirement age, with effect from the year 2022 and gradually over a 5 year period, pension income will...