by Stephen Balzan | Oct 29, 2024 | News
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The Minister announced the widening of all personal tax bads with effect from 1st January 2025. With respect to single persons, the tax free...
by Stephen Balzan | Oct 29, 2024 | News
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The cost of living allowance (COLA) for the year 2025 has been set at €5.24 per week (€12.81 in 2024), thus increasing the national minimum wage to...
by Stephen Balzan | Oct 29, 2024 | News
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The gradual income tax exemption which was introduced in 2022, on pensions received by individuals who are at least 61 years of age, shall continue to...
by Stephen Balzan | Oct 29, 2024 | News
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The tax credit which is available to parents of disabled children who require specialised therapy is to increase by €250 to €750.
by Stephen Balzan | Oct 29, 2024 | News
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. Transfers ‘inter vivos’ of company shares and commercial premises in intra-family donations will continue to be subject to a reduced rate of duty on...