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Tax & VAT News
Latest news relating to Tax and VAT in Malta. Click below and contact us if you need any additional information.
Gozo transport grant
The Gozo Transport Grant Scheme aims to support manufacturing undertakings operating from Gozo by reducing the additional inter-island transport costs incurred for transporting materials, goods and finished products between Malta and Gozo.
Income from Sports Related Activities
On 28 June 2024, the income from Sports Activities Rules have been published. Through this legal notice an individual who derives employment income, consisting of emoluments received for services provided in the course of sports activity or that are directly related to a sports activity, irrespective of whether these are provided on a full-time or part-time basis, such individual has the option to tax such income at the rate of 7.5%. This tax is final and no-refund or set-off shall be granted in relation thereto.
Micro Invest Tax credits 2025 for companies
Companies are invited to apply for a tax credit calculated at a percentage of the cost of investments carried out in 2024.
Micro Invest Tax Credits for Self-Employed Individuals 2025
Individuals carrying on business on a self-employed basis are invited to apply for a tax credit calculated at a percentage of the investments carried out in 2024.
Upcoming 30 April deadlines
The Commissioner for Tax & Customs provides a reduced beneficial rate for certain types of income. There are specific forms which need to be submitted to the Malta Tax & Customs Administration together with the respective tax payment by not later than 30 April 2025.
Digitalise your SME Business
This incentive seeks to assist SMEs through non-repayable Grants to part-finance investment to digitalise their operations, and hence improve their resilience, efficiency, productivity and customer experience by addressing new digital capabilities and digitalised processes such as product and process design and engineering, end-to-end procurement, supply chain/distribution and after sales.
INNOVATE - Innovation Aid for Small and Medium Sized Enterprises (SMEs)
On 18 January 2024, Malta Enterprise published a new set of guidelines for the INNOVATE - Innovation Aid for Small and Medium Sized Enterprises (SMEs) Scheme, which measure will be open until 30 October 2026.
The Exploring Research Grant Scheme
On 16 January 2024, Malta Enterprise published a new set of guidelines for The Exploring Research Grant Scheme, which measure will be open until 30 October 2026.
The Skills Development Scheme
On the 23 January 2024, Malta Enterprise published a new set of guidelines for The Skills Development Scheme, which aims to encourage businesses to invest in their employees by providing assistance on training to have a knowledge-based workforce. This measure will be open until 30 September 2026.
The Research and Development Scheme
On the 23 January 2024, Malta Enterprise published a new set of guidelines for the Research and Development Scheme with the aim to support industry in undertaking Industrial Research and Experimental Development activities (R&D).