Latest Article

Proposed Changes to the Remittance Basis of Taxation

Following the 2018 Budget, delivered by the Minister of Finance ea...

View News Item

Latest Job Vacancy

Aviation Executive

Integritas is recruiting a full-time Aviation Executive to develop...

View News Item

Budget 2015 Highlights

 

Budget 2015 Highlights 

  • Income tax to be reduced to 25%

  • Excise tax of 20% per litre on wine

  • Excise tax on cigarettes, tobacco, mobile phones and cement

  • Older cars will face higher licences

  • Price of unleaded petrol to be reduced by 2c and diesel by 1c

  • Excise duty to be introduced on polluting fish farms

  • Stamp duty waiver for first time buyers is extended by 6 months

  • Cost of Living Increase is 58c per week

  • Unemployed people aged under 23 will be urged to follow training under youth guarantee scheme or lose their unemployment benefit

  • 9,000 families at risk of poverty will be given a bonus of Euro 400 for each of their children, as long as they receive an attendance rate of 95% in school

  • Payment for maternity leave raised to minimum wage for last four weeks

  • Animal rights to be enforced

  • Government will invest 8 million Euros to create an Intelligent Traffic Management System to monitor roads and junctions and advise drivers on alternative routes as required

  • Reduce electricity tariffs for businesses by 25%

  • Build a motorsport track and run the Marsa racetrack

 

 

 

114/3 The Strand, Gzira, Malta | Tel.: [+356] 2385 0611 | Fax.: [+356] 21 334405 | Email: info@integritas-trustees.com

Integritas Group Ltd is authorised by the MFSA under the Trusts & Trustees Act