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Budget for 2014 presented

|Proposed Changes|Malta
Malta

The Budget for 2014 was presented by the Minister of Finance on 4 November 2013. The main features of the Budget are as follows:

-   The top personal income tax rate for individuals earning up to EUR 60,000 will be reduced from 32% to 29%.
-   The income tax bracket for Parent Computation will be increased from EUR 9,300 to EUR 9,800.