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Malta's Budget for 2021 Presented in Parliament

21 October 2020

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Proposed Changes

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Malta

On 19 October 2019, Malta's Minister of Finance delivered the Budget speech for 2021 to the House of Representatives. The main tax measures in the Budget for 2021 include the following: Tax refunds of EUR 45 to EUR 95 will be granted to individual taxpayers depending on their level of income and tax status (single, married, or parent); The amount of exempt annual pension income will be increased to EUR 14,058, and taxpayers who claim married rates will be entitled to an additional EUR 3,600 tax-exempt amount for income from other sources; Authors and coauthors will be subject to a...