Overview
Option to pay 7.5% tax on gross receipts before any deduction derived from an artistic activity by a creative practitioner.
What you'll get
Those eligible are entitled to benefit from a tax rate of 7.5% on income from an artistic activity not exceeding the amount of €50,000.
Eligibility
Individuals who are self-employed on a full-time or part-time basis and the artistic income derived has been certified by the Arts Council Malta.
How to apply
If you are an artist in possession of the certificate of approval issued by the Arts Council, you can now opt to pay 7.5% final withholding tax on the first 50,000 earned, by declaring your gross income on the TA26 form. This form must be submitted by not later than 30th of April.
Timeline
Submission of Application
Vetting of Application
5 days
Assessment of Application
5 days
Approval of Application
5 days
Delivery of Application
5 days
