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20 / 12 / 11 Tax Benefit on Rental Income from Housing Authority
Housing Authority will be launching a call for applications for property owners who wished to lease apartments or houses to the authority. Property owners will benefit from reduced tax rates, of five per cent, on their guaranteed rental income and will enter into a contract with the authority for a minimum of 10 years.   New rental scheme launched... Read More
25 / 11 / 11 Malta and Bermuda sign Tax Information Exchange Agreement
A tax information exchange agreement has been signed between Malta and Bermuda. Bermuda’s Ministry of Finance said the agreement was signed in London by Maltese High Commissioner Joseph Zammit Tabona and by Premier Paula Cox J.P. for Bermuda. The TIEA provides for a full exchange of information between the two countries on tax matters. Premier Cox... Read More
23 / 11 / 11 Gaming Sector
Malta has been chosen over other countries by a multimedia online production business to develop an innovative digital game that should be launched in the US in two years’ time. TRC Family Entertainment Ltd is investing $6 million in the island and relocating $18 million worth of intellectual property to its studio in Malta and plans to employ 100 workers over... Read More
23 / 11 / 11 Social Security Contributions To Rise
Social Security Contributions will rise next year in line with the pension reform announced in 2007, Finance Minister Tonio Fenech said in parliament. Mr Fenech said the contribution will rise in line with the cost of living wage increase. Those aged under 50 will also see an increase in terms of the pensions’ reform which was launched in 2007.  ... Read More
14 / 11 / 11 2012 Budget Highlights
Please find a link to the 2012 Budget Highlights announced on Monday 14th November 2011 by the Hon Tonio Fenech, Minister of Finance. Read More
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