Electricity Bill Refund

On the 27th August 2020, Malta Enterprise has launched the Electricity Bill Refund Scheme whereby businesses eligible for the Wage Supplement Scheme can now benefit from an assistance of 50% of the electrical power bills for the months of July, August and September 2020. The benefit is capped at Eur1,500 per applicant having one outlet. For […]

Written By Elaine Camilleri

On August 27, 2020
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On the 27th August 2020, Malta Enterprise has launched the Electricity Bill Refund Scheme whereby businesses eligible for the Wage Supplement Scheme can now benefit from an assistance of 50% of the electrical power bills for the months of July, August and September 2020. The benefit is capped at Eur1,500 per applicant having one outlet. For those businesses with multiple outlets, the capping is of Eur7,500 depending on the number of employees receiving the wage supplement scheme as follows:

No. Of Employees receiving wage supplementNo. of distinct electricity accountsCapping (Eur)
1-911500
10-1923000
20-2934500
30-3946000
40 and over57500

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax 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 00356 21378672 or send us an email on [email protected].