Yesterday evening, the 9^th October 2017, Malta Finance Minister Hon Profs Scicluna laid out the plans of the Government for 2018 in the first budget in decades that was put in a context of a surplus for Malta, continual economic growth (currently around 5-6% annually) and record numbers for tourism and employment. Therefore, as the Minister proudly announced, this Budget did not include the addition of any new direct or indirect taxes, and several measures, as shown hereunder, in order to continue building on the positive context of the island as well as to seek improvement in key areas such as traffic control and roads, as well as property and rent.

For a breakdown of the main points please read our article through the link below:

Malta Budget 2018