The Voluntary Occupational Pension Scheme Rules, introduces a number of incentive tax measures to encourage an occupation pension system in Malta.
The recently published legal notice 228 of 2017 has introduced these tax incentives for contributions paid to qualifying schemes established under an employment relationship. The scope is to provide retirement benefits.
The rules apply in respect of contributions made to the qualifying scheme(s) by or on behalf of an individual who;
Earns an employment income, and
Is employed by a qualified employer.
This, including […]