Tax rebate on private residential leases

The Office of the CfR has announced that persons who derive income from a private residential lease which is registered with the Housing Authority as a long lease, are eligible for a tax rebate against the tax chargeable on such rental income.  The rebate is applicable on registered leases as from the basis year 2020 where the […]

Written By Stephen Balzan

On February 20, 2021
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The Office of the CfR has announced that persons who derive income from a private residential lease which is registered with the Housing Authority as a long lease, are eligible for a tax rebate against the tax chargeable on such rental income.  The rebate is applicable on registered leases as from the basis year 2020 where the tax on such lease is being paid at the rate of 15%. The amount of the rebate ranges from €200 to €500, depending on the duration of the lease and the number of bedrooms. The tax rebate is to be claimed through the online filing of the TA 24

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri ecami[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].