Budget 2027: Corporate Tax Cut To 25% For Businesses Under €1 Million Turnover

lovinmalta.com · economy
Full story

Small businesses in Malta will see a corporate tax reduction in Budget 2027. Companies with an annual turnover under €1 million will have their tax rate lowered from 35% to 25%. Finance Minister Clyde Caruana stated this rate applies to profits that are reinvested or kept within the business. The measure aims to encourage companies to reinvest their earnings.

Small businesses in Malta with an annual turnover of less than €1 million will benefit from a reduction in corporate tax from 35% to 25%, as announced in Budget 2027. Finance Minister Clyde Caruana announced that the reduced tax rate will apply specifically to profits retained within the business or reinvested, encouraging companies to reinvest … Continued •

Read full article → Compare