Each year, the national Budget reshapes the business landscape - tax, incentives, cost of labour, compliance and growth funding. Our Budget 2026 summary highlights what changed, what’s proposed, and what to plan for next.

Malta Budget 2026

The Government has released the Pre-Budget Consultation Document 2026. You can read it here.

Budget 2026 will be presented on 27 October 2025

The Budget Measures at a glance

The key measures introduced by the Minister of Finance and Employment, Clyde Caruana are:

Cola increase of

Change in tax brackets on income

First time buyers scheme extended

Increase in children's allowance of €200 per child, per year

Cola increase of

Change in tax brackets on income

First time buyers scheme extended

Increase in children's allowance of €200 per child, per year

What measures are there for businesses?

The government has announced the following measures aimed at business growth and development:

Scheme for industrial space
Grant on the acquisition of an electric vehicle fleet
Occupational Pension Plan

Malta Budget 2026

The Budget Measures at a glance

Cola increase of

Change in tax brackets on income

First time buyers scheme extended

Increase in children's allowance of €200 per child, per year

Cola increase of

Change in tax brackets on income

First time buyers scheme extended

Increase in children's allowance of €200 per child, per year

What measures are there for businesses?

The government has announced the following measures aimed at business growth and development:

Download the Budget document