Malta Budget 2016 - Highlights
News    ·   13-10-2015

AUTHOR: Donald Vella, Mark Galea Salomone

In the Budget speech for 2016, presented to the Parliament of Malta on 12 October 2015, the Finance Minister announced a number of fiscal measures and amendments to the fiscal legislation. Notable income tax measures include the widening of the income tax brackets for individuals, a reduction in income tax for sportsmen, the possible introduction of a fiscal consolidation regime as well as other incentives in the form of tax credits or deductions intended to encourage employment and industry.

To read the briefing note containing the major highlights please click here.

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