Have You Received Your Cheque Yet? Here’s How The Government Calculated How Much Money You’re Getting
Over the last few days people all over Malta have been receiving cheques from the government for anywhere between €40 and €68.
These cheques are a tax refund being rolled out for all current workers who have been employed for the last 12 months in Malta or Gozo and are earning less than €60,000 annually.
About 200,000 people will receive their cheque by the end of this week.
Finance Minister Edward Scicluna said the cheques were part of a new system that was the fulfilment of an electoral promise. He said it would be replacing the current system of tax refunds which is calculated based on the principle of equity and would allow for more wealth to be spread.
The new system scales how much money you’re getting back based on your current income
Income below €15,000 – €68 tax refund
Income between €15,000 and €60,000 – €40 and over tax refund
Income over €60,000 – no refund
The refund will also be given to part-time workers and registered workers who do not pay tax
However, the refund will be lower for part-time workers to reflect the lesser hours they worked.
In total, the tax refund should cost the government about €11.4 million.
As promised prior to re-election, all #workers and those earning less than €60,000 will be receiving a first #tax refund. 200,000 people will be benefiting from a €11.4 million direct input to continue sharing in #Malta success. This is #Prosperity with a #Purpose -JM
— Joseph Muscat (@JosephMuscat_JM) August 29, 2018
If you do not receive your cheque you can call 153 for assistance
Scicluna said that people who started working recently could have been omitted from the database, so anyone who should have received a cheque yet but has not is advised to call 153 and report the situation.
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