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L.N. 180 of 2014 - Deduction (Mature Workers) Rules

This scheme entails employers, including self-employed individuals, who as from 2014 employ persons aged between 45 and 65, and who have been on the unemployment register for the preceding 6 months on Part 1 or Part 2 prior to the employment.  Employers will have a tax deduction of a maximum of €11,600 for the first two years of employment for each eligible employee.  This deduction will result in savings of €5,800 per year.

 

Moreover, employers who engage eligible employees may benefit from a further tax deduction of 50% of the cost of training up to a maximum of €400 per employee.

 

Interested employers may apply by visiting the following link: https://jobsplus.gov.mt/schemes-jobseekers/mature-workers-scheme.