The Malta Independent 26 October 2026, Monday
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Budget 2027: What's in it for you

Monday, 26 October 2026, 20:10 Last update: about 6 minutes ago

Cost of living adjustment €6.41 per week

€1,000 super bonus

Minimum wage up €10.41/week, including COLA

Pensions to increase by €10 a week (including COLA)

Partners can transfer NI contributions

Carers' grant to increase to up to €7,500

Adoption grant to go up by €1,000

New measure for foster parents to be given an additional 10 days of leave, paid by the government

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All therapies for disabled children to be free, paid by government

Corporate tax to go down to 25% for companies with a turnover of less than €1 million

No more free transport + free childcare for TCNs, unless they are long-term residents (5 years)

From 1 January, eco-contribution for tourists in hotels: up from €1.50 to €8 - up to maximum of €64

Short-let eco-contribution from €1.50 to €10/night, max of €80; same goes for tourists from cruise liners

New €5 eco-contribution for every tourist who visits Comino

Fast ferry price to go up by €3 for tourists.

Costs for new applications for TCN work permits to go up by €200, from €600 to €800, for employers + new tariff for new applications and renewals of €400

 

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