Over the past few days, published legal notices extended a number of incentives, both from a stamp duty point of view as well as income tax.
The extensions introduced include the following:
- The Micro Invest Scheme under the Malta Enterprise Act has been extended to apply to costs incurred up to 31st December 2025;
- The applicability of the Deductions and Tax Credits (Relevant Qualifications for Industry) Rules, better known as the Get Qualified Scheme, has also been extended with respect to courses of studies that commence during 2025, but end prior to 31st December 2025;
- The First Time-Buyers Scheme, exempting the first €200,000 from duty upon acquisition of property, has been extended to apply to acquisitions taking place during 2025, but before 1st January 2026;
- The reduced duty rate of €1.50 on every €100, applicable to transfers by gratuitous title of marketable securities and immovable property being a commercial tenement related parties has been extended to apply to transfers made during 2025, but prior to 1st January 2026;
- Refund of duty paid on the first €86,000 on the acquisition of a residential immovable property, acquired within 12 months of the transfer of the original residential property (replaced property), is extended to acquisitions made during 2025, but prior to 31st December 2025.
The extensions introduced by the Maltese authorities reflect a continued effort to support individuals, businesses, and the wider economy through targeted fiscal incentives. These measures are particularly noteworthy as they provide stability and predictability for taxpayers planning their investments or property transactions.
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