On 28 June 2022, Gibraltar's Chief Minister Fabian Picardo delivered the 2022 Budget Address. Tax measures for companies announced in the address include:
- The introduction of a COVID recovery charge on all companies at a rate of GIP 25 per week for two years beginning from 1 August 2022;
- The termination of the marketing incentive providing an additional deduction amounting to 50% of marketing costs, although it will continue for the current year but only if used in the way it was originally…