Tax deductions relating to donations made to the Malta Community Chest Fund

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 were amended to apply for donations made between 1st January and 31st December 2015. The percentage of deduction allowable was amended whereby 100% donations exceeding €2,000 will be allowed as a deduction against income from the relevant year of assessment.