Malta Budget 2025 – Tax credits on donations

The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. A new tax credit will be introduced on donations made by enterprises to NGOs operating in the social, environmental and animal welfare sector.  The tax credit will be capped at €500.

Written By Stephen Balzan

On October 29, 2024
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The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025.

A new tax credit will be introduced on donations made by enterprises to NGOs operating in the social, environmental and animal welfare sector.  The tax credit will be capped at €500.

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]. 

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