LabourEconomy & Cost of Living2026-05-08

175% tax credit on research and innovation expenditure for businesses

Labour proposes introducing a 175% tax credit on spending related to research and innovation, applicable to all businesses. The measure is intended to encourage companies to invest in innovation, development, and new technologies.

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Pulled verbatim from the party press release. Not edited.

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Prime Minister Robert Abela has announced a proposal to introduce a 175% tax credit on expenditure related to research and innovation for all businesses. Speaking during a Labour Party press conference focused on the economy, Abela said the measure is aimed at encouraging companies to invest more heavily in innovation, development and new technologies. The … Continued • ]]>

Read the original release at lovinmalta.com/news/news-politics/robert-abela-proposes-175-tax-credit-on-research-and-innovation-spending/

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