Tag: Budget 2025
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Budget 2025: Electric Car Subsidy drops by €3,000 to €8,000
Next year, the scheme for purchasing new electric vehicles will be extended, and anyone buying a new electric vehicle, including motorcycles, will be eligible for a grant ranging from a maximum of €2,000 for motorcycles to a maximum of €8,000 for cars and small vans, subject to some new conditions. This means that the subsidy…
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Budget 2025: Tax Brackets and Exemptions for Singles, Married Couples, and Parents
Here’s a breakdown of the revised tax computations for singles, married couples, and parents starting in 2025. Single Taxpayer Computation: Starting next year, the raised non-taxable income threshold for single taxpayers will increase from €9,100 to €12,000. Income beyond this amount will be taxed as follows: • The first €12,000 will be tax-free. • Income…
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Court temporarily halts PBS from airing Budget 2025 political ad, citing Constitutional Violation
A court has provisionally upheld a prohibitory injunction filed by the Nationalist Party (PN), ordering Public Broadcasting Services (PBS) to halt the broadcast of a political advertisement related to the Budget 2025, labeling it unconstitutional. On Sunday, the government unveiled the theme for Budget 2025, with TVM airing a spot featuring Prime Minister Robert Abela.…
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GWU unveils 2025 Budget proposals: Prioritizing workers’ rights, economic growth, and social equity
The General Workers’ Union (GWU) has revealed its comprehensive proposals for Malta’s 2025 Budget, aiming to shape a national vision focused on improving citizens’ quality of life. The proposals, presented during a press conference at the Workers’ Memorial Building in Valletta by GWU Secretary General Josef Bugeja and President Victor Carachi, cover a wide range…
