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Eligibility for the Tax Refund Cheque

The beneficiaries for this Financial Compen​sation Payment are citizens who were in employment in 2022 and whose income did not exceed €60​,000. The compensation payment will vary according to the income received in 2022. Pensioners are not eligible for this cheque, however, those pensioners who were in employment in 2022 are​ eligible for this cheque. Cheques will be distributed till the end of May. For one to be eligible for the cheque, the following criteria must be met:

  • Income from gainful occupation reported for the Basis Year 2022 (YA2023) (Example: Employments, director's fees, self-occupation (even if loss was reported), overseas employment, student hosting, sale of agricultural produce)
  • The current account must be active
  • The current address should be in Malta
  • Total income from gainful occupation is not more than €60,000

One is not eligible in the following cases:

  • Is a Non-Resident or has left Malta
  • Deceased after 12,04,2024
  • Pension income and student stipends/grants (only)
  • Passive income (income deriving just from rents, investments, and capital gains)
  • Income from invigilation and electoral commission
  • The taxpayer did not submit the Tax Return form YA2023, or an estimation was served.
    You may submit your missing tax returns using the following link here .

Amounts payable

Based on the income earned in 2022, the tax refund rates are as follows:

Single Tax Computation
Entitled
€0 - €15,000 €125
€15,001 - 30,000 €95
€30,001 - €59,999 €60

Married Tax Computation
Entitled
€0 - €20,000 €140
€20,001 - €40,000 €110
€40,001 - €59,999 €65

Parent Tax Computation
Entitled
€0 - €15,000 €135
€15,001 - €30,000 €105
€30,001 - €59,999 €60​​