Category: News

Tax Credits for Micro Enterprises and the Self-Employed

Micro enterprises and self-employed persons may benefit from a tax credit equivalent to 45% of eligible expenditure (subject to certain conditions). An additional bonus of 20% (total 65% tax credit) applies to undertakings operating from Gozo.Eligible expenditure under these rules includes:1 – Furbishing and refurbishing of business premises;2 – Investment in acquiring machinery, technology, apparatus or instruments which enhance the operations;3 […]

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Facilitating Work Life for Individuals with Disability Scheme

People with disabilities continue to face extensive challenges and a wide range of barriers in their place of work. However, today’s technological developments contribute significantly towards inclusion and reduce certain barriers in the field of employment. Facilitating work-life for individuals with disability scheme is a grant by Malta Enterprise to support people having a disability […]

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Investment Aid 2021

The Investment Aid Scheme aims to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments, within qualifying economic activities, by encouraging the setting up of new establishments as well as the expansion and development of existing businesses, for both SMEs and Large Enterprises. The aid awarded under this scheme shall […]

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Tax Credits for Micro Enterprises and the Self-Employed

Tax Credits for Micro Enterprises and the Self-Employed (Rules relating to credits to be claimed on any expenses incurred in 2020) Micro enterprises and self-employed persons may benefit from a tax credit equivalent to 45% of eligible expenditure (subject to certain conditions). An additional bonus of 20% (total 65% tax credit) applies to undertakings operating from Gozo. For an eligible […]

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Malta Budget 2021 – A General Overview

In the Budget speech for 2021, Finance Minister Prof. Edward Scicluna announced various measures for the regeneration and stimulation of the economy. A number of incentives forming part of the Economic Regeneration Plan targeting the retail, catering, and tourism sectors and the property sector were extended whilst various fiscal, social, and environmental measures were rolled-out […]

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Economic Regeneration Plan

On 8 June 2020, the Prime Minister, the Minister for Finance and Financial Services and the Minister for the Economy, Investment and Small Businesses announced a €900 million package of measures intended to regenerate the economy following the COVID 19 pandemic. For further information on what measures this plan entails please click on the following […]

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