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WHPARTNERS #COVID-19: MALTA ANNOUNCES ECONOMIC RECOVERY PACKAGE AIMED AT BOOSTING THE ECONOMY

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On 8 June 2020 the Maltese Government announced an economic recovery package aimed at boosting the economy impacted by the COVID-19 pandemic.

Key measures include: 

1.Update of Covid Wage Supplement which will remain in force till September 2020;

2. Extension of tax deferral scheme;

3. Reduction in property tax and stamp duty on new contracts and developments;

4. Assistance with payments of rent and electricity bills for businesses;

5. Cash conversion of tax credits under the Micro-invest scheme;

6. Refund on port charges and container discharge fees.

Download the pdf for further information.

 

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55/1 GIUSEPPE CALI STREET
XBX1425 TA'XBIEX
MALTA
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