• No new taxes or tax increases
• COLA increase is €2.33 per week
• Further decrease in income tax
• Additional day of leave to be given to all workers
• Second round of tax refunds of between €40 and €68 to be given to over 200,000 people
• Pensions to increase by €4.50 a week (inclusive of COLA), to remain tax-free up to €13,000
• Tax exemption on third pillar pensions to be increased to €2,000.
Budget - Pensions/Elderly from The Malta Independent on Vimeo.
• Possibility of working beyond retirement age to be extended to the Public Service
• Final tranche of refunds on VAT paid on car registration tax to be handed out
• Disability benefit to increase by €10 a week
• Tax rebates for children attending private schools to increase
• MATSEC exams to become completely free
• Students and up to two adults to get free access to Heritage Malta sites
• Scheme to help individuals over the age of 40 to buy a property
Budget - Gozo from The Malta Independent on Vimeo.
• More accessible and revised rent subsidy
• Increased refund on VAT on wedding costs
• €100 million allocated for road infrastructure projects
• Launch of schemes to incentivize development of private urban car parks with overlying green areas
• €70 refund for households investing in reverse osmosis systems
• Free public transport to be extended to 14 and 15-year-olds, disabled persons and full-time students
• Allowance for Gozitans who work in Malta if they carpool or use public transport
• Ferry ticket refund for Gozitan private sector employees if they use public transport
• Affordable accommodation and rent subsidy for Gozitan students