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FINANCIAL INCENTIVES POST LOCKDOWN COVID-19 SUPPORT MEASURES Wage Supplement (Current Scheme) As from July 2020, the wage supplement parameters are being adjusted to continue supporting the hardest hit sectors and provide a tapering of aid to all other activities during this regeneration period. ANNEX A Businesses As of July 2020 the benefit of €800 for
TAX AMENDMENT TO ADDITIONAL TAX ON LATE PAYMENTS OF PROVISIONAL TAX Legal Notice 304 of 2019 amends the Payment of Provisional Tax Rules and the Income Tax (Rate of Interest) Rules in Malta. As from 1st January, 2020 additional tax to be paid on late payments of provisional tax has been amended to 0.33% per
TAX EXTENSION FOR PERSONAL TAX RETURN FILING The Commissioner for Revenue has extended the personal tax return filing deadline to 31st August 2020. The extension of the deadline applies both for electronic and manual filing. Disclaimer The content published on our website is intended to serve solely as general information only and its purpose is