The Minister of Finance has in his Budget Speech for the year 2024 announced that businesses donating amounts to voluntary organisations registered with the Commissioner for Voluntary Organisations with respect to social and environmental causes and animal welfare will be able to claim a deduction for income tax purposes of the donated amount of up to €500.
Donations to certain voluntary organisations
How can we help?
For further information, please contact us on [email protected]. ACT can help you understand the changes to the income tax, accounting, corporate and VAT rules and how these can impact your business.
Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria. For an appointment in our Gozo office, please call on +356 21378672 or send us an email on [email protected].