Malta's budget speech for 2022 was delivered by the Minister for Finance on 11 October 2021. The main tax measures of the budget are mainly focused on individual taxation, although some measures for companies are included as well. The measures include:
- A tax reduction on income from overtime, including a 15% income tax rate on the first EUR 10,000 of overtime income earned by employees whose basic salary does not exceed EUR 20,000, excluding those holding management positions;
- An exclusion …