The Bill will proceed through the parliamentary process before being formally voted on and approved.
Malta’s Ministry of Finance tabled the Budget Measures Implementation Bill 2025 in parliament on 28 October 2025, following the 2026 Budget speech on 27 October 2025.
The Budget Measures Implementation Bill 2025 serves as an Act to implement budget measures for the 2026 financial year and other administrative actions. The Bill introduces various incentives through amendments to key legislation, including the Income Tax Act, Social Security Act, and Value Added Tax Act.
Key changes include new tax brackets for parents with children under the Income Tax Act and updated rates for pensions and similar benefits under the Social Security Act. It also includes modifying regulations concerning vehicle registration fees, customs procedures, and excise duties on products like alcohol and tobacco alternatives.
The overall purpose of the Act is to codify the government’s budgetary and administrative changes for the coming financial year.
The Bill will proceed through the parliamentary process before being formally voted on and approved.
Earlier, Malta’s 2026 budget introduced a range of business incentives, including generous tax credits for new investments and R&D, accelerated write-offs for technology upgrades, enhanced micro-investment support for SMEs, and a reduced 1.5% duty rate for family business transfers.
