by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The reduced rate of stamp duty of 1.5% applicable to certain transfers of family businesses to descendants has been extended. Family business registered with the Family Business Office...
by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that businesses donating amounts to voluntary organisations registered with the Commissioner for Voluntary Organisations with respect to social and environmental causes and animal welfare...
by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that as from next year, the Government will increase to €500 (up from €200) per year, the tax credit to parents of children with disabilities who attend therapy (other than that offered...
by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that the amount of pension income which will for the year 2024 be excluded from the taxable income will amount to 60%. Since the year 2022, pension income has gradually been excluded...
by Stephen Balzan | Jun 12, 2023 | News
By means of recent amendments to the Income Tax Act, implemented through the Budget Measures Implementation Act XII of 2023 published on the 4th April 2023, Article 14G has been amended so that the tax deduction available for fees paid and which can be claimed by...