The Minister of Finance introduced the country’s Budget for the year 2022. It is highlighted that the Budget deficit of the country increased to €1.268 billion (that is 9.7% GDP) in 2020 and the deficit forecast for 2021 is of €1.545 billion (that is 11.4% of GDP). Salient features of the measures announced include: Tax...
On January 1, 2020, the Private Residential Leases Act [Chapter 604 of the Laws of Malta] came into force. The Act APPLIES to private residential leases that are entered into or renewed on or after the above-mentioned date. Leases that were granted after June 1, 1995 and that are still in force after January 1,...
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