Articles & Publications

Investment Aid 2021 Regulations

The Investment Aid 2021 Regulations, introduced by L.N. 156 of 2021, provide assistance in the form of tax credit or a cash grant to qualifying undertakings. The aim of the scheme is to encourage the setting up of new establishments and the expansion and development...

Golden Handshakes, Termination Payments and Long-Service Awards

Maltese tax law is somewhat silent when it comes to the tax implications of golden handshakes and other payments made upon termination of employment. For such reason, in order to determine the tax implications applicable to such payments, one would need to refer to...

Business Re-Engineering Scheme

The business re-engineering scheme aims to assist businesses, specifically small and medium–sized enterprises, in making key changes in the way they operate in order to address the challenges which have been brought along by the pandemic. It applies to businesses who...
Amendments to Stamp Duty Regulations

Amendments to Stamp Duty Regulations

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...

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The Budget Measures Implementation Act 2021

The Budget Measures Implementation Act 2021

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....

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Malta Budget 2021

Malta Budget 2021

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...

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Rent Refund Scheme

Rent Refund Scheme

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...

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