The government said Tuesday has finalized a major tax reform that will see thousands of pensioners benefit from expanded tax exemptions on both their pensions and additional income. This marks the completion of a multi-year process that began in 2022, designed to ensure that retirees are not unfairly penalized by high tax brackets when they have more
Nationalist Party MPs Graham Bencini and Adrian Delia on Tuesday accused Prime Minister Robert Abela of misleading pensioners over a tax exemption announcement made during a political activity in Naxxar last week, saying that a recently published legal notice contradicts Abela's statement that pensioners with another income, including from rentals,
What was presented as a sweeping tax break for pensioners risks proving, on closer inspection, a far narrower measure that benefits very few ordinary retirees while allowing the government to claim a generosity the law itself does not deliver. In the Budget Speech on 27 October, the finance minister declared: “Pensioners will not pay tax on the equivalent