These tax credits encourage specialisation in the areas required by industry. 

Tax Credits are available to support individuals who embark on such personal development on their own initiative.  The incentive can be provided on approved certifications, degrees or post-graduate degrees that are awarded to students on the successful completion of an approved course. 

 

The eligible costs are:

· fees paid by an individual to the university, institution or other entity recognised by Malta Enterprise for the training and educational services leading to the approved qualification.

· the fees for sitting for the examinations required to achieve the approved qualification.

 

 

Application Process

Applicants are required to complete the relevant Application form and submit it to Malta Enterprise. Malta Enterprise will review the application and notify the applicant of the maximum eligible value. Once an approved course of studies is completed, applicants are to submit documentation and other evidence of successful completion. 

 

General Information

· The student should apply before commencing a particular course of studies.

· Unutilised tax credits may be carried forward.

· This incentive will remain available until 31st December 2013

· If the courses exceed 36 months only the first 36months will be supported.

 

Applications must be in accordance with and subject to the provisions of rules, under L.N. 243 of 2009.