By means of Legal Notice 460 of 2021, the Government of Malta has extended the date by virtue of which a reduced rate of duty of 2% is applicable on acquisitions of residential immovable property in Gozo.
The applicability of the reduced rate has thus been extended by another year i.e. to acquisitions of residential immovable property in Gozo effected up to the 31st December 2022, provided that the notice of transfer has been submitted to the Commissioner for Revenue on or before the 28th February 2023 (previously 28th February 2022).