Following the Budget Speech by the Minister of Finance last month, a new legal notice L.N.427 of 2020 has been introduced, bringing into effect the following changes and extensions to the current stamp duty regulations. Second Time Buyers Scheme The stamp duty...
Following last week’s budget speech for the year 2021, the Government has published the bill which will implement the budget measures for next year. The following are the salient income tax and stamp duty measures which are being proposed in this bill....
On the 19th of October 2020, Minister of Finance Hon. Prof. Edward Scicluna presented the Budget for 2021 to the House of Representatives. The following are the main highlights of the said budget. Tax implications on the transfer of Immovable Property The reduced rate...
In addition to the Electricity Refund Scheme, Malta Enterprise has on the 2nd of September 2020 launched the Rent Refund Scheme, whereby undertakings that operate from a business premises will be supported with a refund on their rent expense. This scheme is available...
We have gathered together on one page all the Articles, Publications and News Items in a chronological order for ease of reference. In order to access an Article/News Item kindly click on any title, and you will be redirected to the Article/News...
During a press conference held yesterday, the Prime Minister Dr. Robert Abela, together with Finance Minister Prof. Edward Scicluna and the Minister for the Economy, Investment and Small Businesses Mr. Silvio Schembri announced a recovery package with the aim of...
On 1st June 2020, the Ministry for Gozo launched the following two new schemes with the aim of incentivizing jobs in Gozo. Gozo Back Office Employment Refund Scheme The main aim of this scheme is to incentives privately owned businesses to invest in back...