Issue link: https://maltatoday.uberflip.com/i/1540773
What the finance minister will collect INCOME EXPENDITURE INCOME TAX €3.5 billion NON-TAX REVENUE €606.4 million LICENCES, TAXES AND FINES €473.2 million OTHER INCOME €1.9 billion The finance minister is estimating income tax returns to be €216 million more next year despite delivering the first tranche of tax cuts for families with children. EU grants to the tune of €300 million and sales worth €103.7 million. Gaming taxes to the tune of €67 million, duty on documents worth €275 million and €86 million in annual circulation licence fees. Local loans: €1.9 billion Repayment of loans made by government: €2.8 million €10.3 billion €10.3 billion 4 maltatoday | TUESDAY • 28 OCTOBER 2025 BUDGET 2026 VAT €1.7 billion With no changes in VAT rates, the higher receipts in 2026 are expected to come from increased consumption. SOCIAL SECURITY €1.8 billion The government is expecting to collect more than €100 million in NI contributions, a sign of increased economic activity. CUSTOMS AND EXCISE DUTIES €326 million Excise duties of €97.3 million on cigarettes, €122.3 million on petroleum and €17.3 million on cement. PRIME MINISTER ROBERT ABELA €168.6 million Office of the Prime Minister Recurrent: €110.7 million Capital: €57.9 million Includes: €4.5 million for Malta Vision 2050, €300,000 for free menstrual products in schools and €22 million for Servizz.gov services DEPUTY PM IAN BORG €239.4 million Ministry for Foreign Affairs and Tourism Recurrent: €227.7 million Capital: €11.7 million Includes: €2.8 million in overseas development aid, €143 million for the Malta Tourism Authority and €8.8 million for the ITS. CLIFTON GRIMA €1.2 billion Ministry for Education, Sport, Youth, Research and Innovation Recurrent: €1.1 billion Capital: €99.9 million Includes: €165.4 million in church school subsidies, €48 million in student stipends and €25 million in private schools assistance, €71 million for MCAST and €110 million for university. CONSTITUTIONAL ENTITIES €33.2 million XXXX OWEN €244 Ministry and Local Recurrent: Capital: Includes: TV production fund, €8.6 and €2.4 Malta MIRIAM €767 Ministry Public Regeneration Recurrent: Capital: Includes: battery energy Project President: €7 million Parliament: €16.5 million Ombudsman: €2 million National Audit Office: €7.2 million Standards Commissioner: €600,000 JO ETIENNE ABELA €1.7 billion Ministry for Health and Recurrent: €1.6 billion Capital: €106.7 million Includes: €15 million €169 million in medicines surgical materials, €6.7 programme and mental €78 million.