The following conditions would need to be satisfied ALL for an individual to benefit from a reduced rate of tax:
- Individual has to be in full time employment
- Basic weekly wage does not exceed €375
- Individual does not hold a managerial position
- Overtime does not exceed the maximum eligible hours
- Overtime rate does not exceed double the basic rate
If you are an #employer or #employee and would like to know more whether you could apply for a reduced rate of tax, please contact us by email on info@aaaservicesmalta.com
