Tax deductions relating to donations made to the Malta Community Chest Fund are regulated by Subsidiary Legislation 123.162, ‘Donations (Community Chest Fund) Rules’. The rules currently refer to donations made between 1st January and 31st December 2014 but will now be amended to apply for donations made between 1st January and 31st December 2015. The percentage of deduction allowable will also be amended whereby 100% donations exceeding €2,000 will be allowed as a deduction against income from the relevant year of assessment and not just 50% as is currently provided for.
Home > Countries > Malta > Donations (Community Chest Fund) (Amendment) Rules, 2016 (L.N. 2 of 2016)