Deduction (Embellishment Project) Rules
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Deduction (Embellishment Project) Rules

Legal Notice 274 of 2017

The main provisions of this new tax subsidiary legislation are the following:


  • A person carrying on a trade or business incurring expenditure in a qualifying project may claim a deduction equivalent to 120% of the cost incurred on such expenditure in any year, to be deducted against that person’s taxable income.
  • “Qualifying project” is defined as an embellishment or other project useful to the local community that has been approved in written by the Local Council and the Directorate responsible for the latter. Such person carrying out the project must not hold any proprietary rights with the such being passed on to the Community

    The maximum deduction claimed in terms of these rules is of €90,000.
  • Where a deduction is claimed under these rules no further deduction may be claimed in respect of the same expenditure.
  • Specific certification is to be acquired by the Councils, Directorate and Inland Revenue in order to benefit from these deductions.
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