Capital Gains Tax Allowance 2024 25. What is the capital gains tax allowance for 2024/25? In malta, the taxation of an individual’s income remitted into the country is progressive;
The good news is, individuals are entitled to a capital gains tax allowance each tax year, which allows you to keep a set amount to yourself without having to pay any tax on it. Since 1 january 2017, the marginal tax rate is 42 per cent for taxable income exceeding €220,788 (class 1 and 1a) or €441,576 (class 2).
Capital Gains Tax Allowance 2024 25 Images References :