Budget for 2008 – details

The Budget for 2008 was presented to Parliament by the Minister for Finance on 15 February 2008. Details of the Budget, which will apply from the dates indicated, are summarized below:

Direct taxation

(a) Deductions

The Overseas Talent Recruitment Scheme which allows employers to claim a further tax deduction for the relocation and recruitment expenses in hiring top global talent will be further extended to 2013.

From…