Topic
Property & stamp duty
Tax on property transfers and rental income, stamp duty and acquisitions by non-residents.
62 news items and articles, newest first
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Duty on Documents and Income Tax on the Transfer of a Gravesite
The Commissioner for Tax and Customs has issued a clarification regarding the tax and duty implications associated with the transfer of gravesites, confirming that gravesites transferred inter vivos or causa mortis may…
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July 2025 Updates to the MPRP
By virtue of Legal Notice 146 of 2025 some important updates were introduced under the Malta Permanent Residence Programme (MPRP) as of 22nd July 2025, with changes applying to all applications submitted on or after 1…
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Reduced rates of stamp duty for donations of shares made in the context of a family business
Generally, transfers of shares in Maltese companies are subject to stamp duty at a rate of 2% of the ‘real value’. This rate will increase to 5% for companies that mainly own immovable property situated in Malta. For…
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Budget Measures Implementation Act 2025
The Budget Implementation Act 2025 (Act IX of 2025) was enacted on 17 April 2025, introducing a number of tax-related measures. A summary of the key provisions is outlined below. Transfers of Immovable Property…
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Duty on donations of marketable securities and immovable property used for business
By means of Legal Notice 325 of 2024, the Government has amended the Duty on Donations of Marketable Securities and Immovable Property used for Business (Exemption) Order, by virtue of which a reduced rate of duty is…
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Duty on the acquisition of the second immovable property to be used as sole residence
By means of Legal Notice 325 of 2024, the Government has amended the Duty on Documents on Acquisition of the Second Immovable Property to be used as Sole Residence (Exemption) Order, by virtue of which the duty paid on…
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Exemption from duty on acquisitions of immovable property by first time buyers
By means of Legal Notice 325 of 2024, the Government has amended the Exemption of Duty in terms of Article 23 Order, by virtue of which no duty will be paid by the transferee on the first €200,000 of the aggregate value…
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Malta Budget 2025 – Duty on documents and transfers
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The following is a summary of the proposed changes with respect to duty on immovable property. Duty…
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Deductions of capital expenditure on intellectual property and intellectual property rights
By means of Legal Notice 229 of 2024, the Maltese tax authorities have amended the Income Tax Deductions Rules. In terms of Article 14(1)(m) of the Income Tax Act, any expenditure of a capital nature on intellectual…
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Duty on Transfers by SportMalta (Exemption) Order
By means of Legal Notice 110 of 2024, the Government of Malta has published the above-mentioned order. The order establishes that no duty on documents and transfers shall be levied on any transfer consisting of the…
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Exemption of duty on acquisition of residential property in Gozo
By means of LN 316 of 2023, the Government of Mata has extended the deadline for persons to acquire ‘inter vivos’ residential property situated in Gozo by one month wherein, the duty otherwise chargeable in terms of the…
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Tax deductions in respect of Intellectual Property and Intellectual Property Rights
The Commissioner for Tax and Customs has announced that, with effect from the period covered by the year of assessment 2024, any expenditure of a capital nature incurred on Intellectual Property or Intellectual Property…
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Incentives on property restoration
The Minister of Finance has in his Budget Speech for the year 2024 announced that: Incentives for persons buying or selling property which is more than 20 years old and has been vacant for more than 7 years or where the…
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Taxation in relation to immovable property
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The scheme applicable for first time buyers and second time buyers will be extended for another year. No income tax and stamp duty will…
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Amendments to the Exemption from Tax on Property Transfers (Set-off of Tax Arrears) Rules
The Government of Malta has by means of Legal Notice 9 of 2023 made a slight amendment to the above-mentioned rules which were originally published by means of Legal Notice 419 of 2021. The legal notice is applicable to…
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Assignment of a lease agreement of immovable property – Income tax, stamp duty and VAT implications
Businesses operating an establishment in Malta, held by a title of lease may assign their lease agreement to a third party for consideration. What are the income tax, stamp duty and VAR implications contemplated by the…
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Extension to the Exemption from Duty in Terms of Article 23 Order
By means of LN 122 of 2022, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the…
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Extension to the Exemption from Tax on Certain Property Transfers
By means of LN 121 of 2022, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the…
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Exemption from duty to first time buyers extended by another year
By means of Legal Notice 460 of 2021, the Government of Malta has extended the date by virtue of which an exemption from duty is applicable to first-time buyers of residential immovable property on the first Eur200,000…
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Reduced rate of duty on acquisitions of residential immovable property in Gozo extended by another year
By means of Legal Notice 460 of 2021, the Government of Malta has extended the date by virtue of which a reduced rate of duty of 2% is applicable on acquisitions of residential immovable property in Gozo. The…
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Reduced Rate of Duty on Donations of Marketable Securities and Immovable Property used for Business extended by another year
By means of Legal Notice 460 of 2021, the Government of Malta has extended the date by virtue of which a reduced rate of duty is applicable on donations of assets referred to below, made by individuals to persons…
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Refund of Duty on Acquisition of the 2nd Immovable Property to be Used as Sole Residence extended by another year
By means of Legal Notice 460 of 2021, the Government of Malta has extended the date by virtue of which a refund of duty is granted to an individual who transfers his residential immovable property (‘the replaced…
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Exemption from tax on property transfers
The Government of Malta has by means of Legal Notice 419 of 2021 published new rules entitled ‘Exemption from tax on property transfers (set-off of tax arrears) Rules’. The legal notice is applicable to any person who…
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Budget 2022 – 50% reduction in stamp duty and tax on capital gains
Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. The Minister announced that stamp duty and tax on capital gains on acquisitions and disposals of property (up to…
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Budget 2022 – Grant to first time buyers
Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. First time buyers buying qualifying properties will receive a grant of €15,000, which will be increased to €30,000…
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Budget 2022 – VAT refunds on qualifying properties
Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. With effect from 12 October 2021, persons who will own or who already own qualifying properties, may benefit from…
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Extension to the exemption from tax on certain property transfers rules
By means of LN 325 of 2021, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the…
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Extension to the exemption of duty in terms of Article 23 order
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Budget Measures Implementation Act – Changes to the Duty on Documents and Transfers Act
The Malta Government has on the 16th April 2021, by means of ACT XVIII of 2021 published and enacted a new Act which will be implementing the budget measures for the year 2021. The budget measures were announced by the…
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Amendment to the Exemption from Tax on Certain Property Transfers Rules
By means of LN 129 of 2021, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the…