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Extension of existing schemes on buying and selling of property

Oct 19 2020 Share

The decreased stamp duty scheme for First Time Buyers, Second Time Buyers, buyers of vacant properties in Urban Conservation Areas (UCA), buyers of property in Gozo as well as refund schemes for restoration expenses will be extended further.

From tomorrow, First Time Buyers will also be exempt from stamp duty on the first €200,000, rather than €175,000 of the price of property. Additionally, the government announced a decreased rate of 3.5% on the first €200,000 on the price of real estate purchase, even for those who are not first time buyers.

This post is brought to you in collaboration with PwC Malta

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President Vella signs Budget document

Oct 19 2020 Share

During the traditional ceremony, which was also attended by Parliament’s Speaker Anelu Farrugia, President Vella signed the budget documents. 

Prime Minister Robert Abela disclosed this morning that the budget would be called ‘Maltin b’Sa’itna’ l Quddiem. This is Prime Minister Abela’s first budget and Finance Minister Edward Scicluna’s eighth.

The Budget speech will be transmitted at 6.30pm on TVM

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Hailey Bieber gets new tattoo as a tribute to husband Justin Bieber after their wedding anniversary

Oct 19 2020 Share

Recently, Hailey Bieber celebrated two years of marriage with husband Justin Bieber and one year after their big wedding, she decided to celebrate, by having a new tattoo, to mark their first year anniversary. 

The model, 23, treated herself to two new tattoo’s, with a permanent tribute to singer Justin, 26, being one of the tattoos. In a trendy design that came with a sparkle next to it, she chose for his initial ‘J’ to be marked on her finger. Hailey also had the world ‘beleza’ tattooed on the side of her neck in addition to the J on her finger.

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An increased €260 per year for all pensioners

Oct 19 2020 Share

Pensioners will receive an additional €3.25 per week in addition to the €1.75 compensation for the cost of living.

This amounts to an increase of €260 per year to all pensioners.

This post is brought to you in collaboration with PwC Malta.

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