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Malta cuts taxes for parents in bid to revive native birth rate
- Malta announced tax cuts for parents of two or more children to address its demographic decline, as stated by Finance Minister Clyde Caruana.
- Caruana described the low fertility rate as Malta's "biggest challenge" and emphasized the need for more families to have at least two children.
- From 2026, parents of two or more children will not pay income tax on the first 18,500 euros of their income, rising to 30,000 euros by 2028, as stated by Caruana.
- Malta's native population is currently 406,000, with 24% aged over 65, according to Caruana.
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Malta's Bold Move: Tax Cuts for Parents to Boost Birth Rate
·New York, United States
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Malta on Monday announced tax cuts for parents with two or more children as part of government efforts to tackle the demographic downturn.
Malta announced on Monday tax cuts for parents of two or more children, in a government effort to address its demographic decline. Finance Minister Clyde Caruana said… Malta cuts taxes for parents in bid to boost birth rate - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
Malta To Cut Taxes For Parents In Bid To Boost Birth Rate
Malta is set to introduce new tax bands at even more favourable rates to encourage parents to have more than one child. The measure, announced by Finance Minister Clyde Caruana for the 2026 Budget, is intended to tackle the problem of Malta’s low birth rate. This is how the system will work. The current rates … Continued
Coverage Details
Total News Sources11
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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