Malta's 2015 Budget Presented

Malta's budget document for 2015 was presented by the Ministry of Finance on 17 November 2014. The main tax related measures introduced in the budget include:

• A reduction in the individual income tax rate from 29% to 25% for income up to €60,000 for all computation methods: single, married and parental
• A tax credit of up to €250,000 per year will be introduced for investments in seed capital of start-ups
• A tax credit of up to €4,500 and an exemption from social security contributions will be…