Policy direction
No increase in the VAT rate is stated as a policy commitment, not a new individual cash benefit.
Amount
Not specified
Previous
No direct comparator
Effective from
Awaiting guidance
Explicit operative negative commitment; VAT reverse-charge, penalties and guidance records do not cover rate stability. Source wording: Mhux se nżidu r-rata tal-VAT.
Affects: Residents, Companies & SMEs, Economy.
The additional COLA mechanism runs again, paying €200 to €1,500 a year depending on disposable income and household size. Over 100,000 households are expected to benefit.
€200 to €1,500 per year
Speech printed p. 22 · PDF p. 26
From 2027 free public transport is restricted to Maltese and Gozitan residents, resident EU nationals and long-term residents.
Speech printed p. 30 · PDF p. 34
A 25% tax rate on retained or reinvested profit is announced for qualifying companies with turnover not above €1 million, compared with 35% on distributed profit.
25% on retained profit
Proposed rules; implementation not confirmed.
Speech printed p. 34 · PDF p. 38