ARTICLE · 25 OCTOBER 2016

Malta Budget 2017

Finance Malta

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Ministry for Finance Edward Scicluna presented Malta's Budget for 2017 on the 17th October 2016.

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Ministry for Finance Edward Scicluna presented Malta's Budget for 2017 on the 17th October 2016. Below are the round-ups of the budget points from various FinanceMalta members. Download the full Budget report here (Maltese language)

Salient points from the Malta Budget 2017

Taxation

Income tax on government pensions and private pensions up to €13,000 will be removed next year
A €1.75 wage increase as part of the cost of living adjustment
Low-income people will actually be getting a raise of €4 per week through improvements to the in-work benefit and the supplementary allowance

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