CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Malta Launches Tax Breaks For Pension Contributions

Malta Launches Tax Breaks For Pension Contributions

by Jason Gorringe, Tax-News.com, London

11 September 2017


Malta's Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions.

Employers who contribute EUR1,000 (USD1,201) into such schemes on behalf of an employee are entitled to a tax credit capped at EUR150 (USD180) per year.

For employees, the investment made by their employers on their behalf will not be treated as a fringe benefit and will be tax exempt. Employees are also being given the opportunity of investing their own funds in such schemes, with an annual tax credit of EUR150 (USD180) allowed for investments up to EUR1,000 (USD1,201).

TAGS: Finance | tax | investment | pensions | Malta | tax incentives | employees | budget

To see today's news, click here.

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 











Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »