The Budget for 2025 was presented by the Minister of Finance and Employment thClyde Caruana on 28 October 2024 The Budget introduced changes to personal tax bands, enhanced the benefits to pensioners and the incentives to families and vulnerable persons, whilst also addressing specific. The Budget for 2025 was presented by the Minister of Finance and Employment thClyde Caruana on 28 October 2024 The Budget introduced changes to personal tax bands, enhanced the benefits to pensioners and the incentives to families and vulnerable persons, whilst also addressing specific. In one of the most eye-catching measures of this year's budget, the Housing Authority will now pay half the cost of a property for young and low-income buyers who cannot afford to purchase a home outright. The initiative, an expansion of the existing Equity Sharing Scheme, will be open to. The Malta Budget 2026, presented yesterday, introduces a comprehensive package of property-related measures aimed at making home ownership more accessible and affordable for Maltese residents. Here's everything you need to know about the new incentives and tax break. (inheritance upon death). The 10% Deposit Scheme assists people who, despite being eligible for a home loan, do not have the necessary liquidity to pay the required 10% down payment on the promise of sale signing, thus becoming homeowners. From first-time buyer support to co-ownership schemes and tax adjustments, here's a breakdown of the most important takeaways for homeowners and buyers. Caruana added that the government is negotiating with banks to make it easier for low-income individuals to use social loans to buy homes People already living in the home they are set to inherit will only have to pay 3. 5% tax on the first €400,000 of its value. This was announced during Finance. Malta's government income comes from two sources: taxes (€6. Total tax revenues have more than doubled since 2014. 85 billion), social security contributions (€1.