Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Malta: 2025 budget includes update on Pillar Two implementation

Highlights of Budget 2025

Share
October 29, 2024

The Minister for Finance introduced the 2025 budget, which includes the following proposed tax measures:

  • Increase cost-of-living adjustment (COLA) to €5.24 per week
  • Increase the national minimum wage to €221.78 per week
  • Subsidize energy, fuel, and grain prices
  • Introduce wider individual (personal) tax bands as from 2025
  • Require employers to offer occupational pension plans
  • Social security contributions remain unchanged
  • Duty on transfer of family businesses remains at 1.5%
  • Launch of Malta’s Vision 2050
  • Introduce visas for esports athletes
  • Discussions with EU Commission on Pillar Two-compliant grants / qualified refundable tax credits (QRTCs)
  • Increase pensions by €8 per week
  • Extend urban conservation area (UCA) and old / vacant property schemes

Read an October 2024 report prepared by the KPMG member firm in Malta

Read a November 2024 report prepared by KPMG's EU Tax Centre that provides updates on Pillar Two implementation and the introduction of tax incentives

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline