ACT No. VII of 2018, The Budget Implementation Act, signed into law on the 29th March 2018 enacted
changes to the remittance basis of taxation.
With effect from the year of assessment 2019 (Basis 2018), non-domiciled residents will be subject to
a minimum tax of €5,000 annually.
This minimum tax is payable if the non-domiciled person derives worldwide income amounting to not
less than €35,000. In the case of a married couple one would have to look at the income derived by
In computing the minimum tax, account shall be taken of any Maltese income tax paid. That is if a
non-domiciled person would be liable to €3,000 tax in Malta from remittances and /or income derived
in Malta and the worldwide income is of €35,000 or more than he would have to top up the €3,000
tax charge to €5,000.
This does not apply to individuals under a scheme establishing a minimum amount of tax in Malta,
including The Residence Programme, Global Residence Programme, Malta Retirement Programme
and the Residents Scheme Regulations.
Please contact us to discuss your case specifically.