{"id":2296,"date":"2025-02-10T19:31:00","date_gmt":"2025-02-10T19:31:00","guid":{"rendered":"https:\/\/artscouncil.abcnow.xyz\/?post_type=opportunitie&p=2296"},"modified":"2026-03-27T13:20:02","modified_gmt":"2026-03-27T12:20:02","slug":"reduced-tax-rate-for-creative-practitioners","status":"publish","type":"opportunitie","link":"https:\/\/artscouncilmalta.gov.mt\/en\/opportunitie\/reduced-tax-rate-for-creative-practitioners\/","title":{"rendered":"Reduced Tax Rate for Creative Practitioners"},"content":{"rendered":"\n

In line with legal amendment Cap. 123 Article 56 26(A) of The Income Tax Act, artists can benefit from a reduced tax rate of 7.5%. This is a fiscal incentive to mitigate economic uncertainties for cultural operators liable to atypical working conditions. Whilst the scheme remains open exclusively to self-employed artists, as from 2025, the scheme is open to a wider bracket of economic activities. The reduced tax rate of 7.5% is applicable to artistic activities conducted by a self-employed artist, whether on a full-time or part-time basis.
Furthermore, the applicable tax rate is now applicable to a maximum net income of EUR50,000. This may include revenues originating from intellectual property and royalties.<\/p>\n\n\n\n

Eligible economic activities must be classified under one of the following NACE Code Rev 2.1 to be able to be eligible.
Your NACE Code is available on the Information Sheet attached to your VAT certificate. Should you have an earlier version of your NACE code, you are required to request a re-print of your VAT Certificate whic will include the latest version of the NACE Code Rev 2.1.<\/p>\n\n\n\n

N.B.<\/strong> Communication with the NSO is not proof enough for the purposes of this scheme. This scheme requires the VAT Certificate and the Information Sheet as proof of your NACE Code.<\/p>\n\n\n\n

NACE Code<\/strong><\/td>Short Description<\/strong><\/td><\/tr>
58.11<\/td>Publishing of books<\/td><\/tr>
58.21<\/td>Publishing of video games<\/td><\/tr>
59.11<\/td>Motion picture, video, and television programme production activities<\/td><\/tr>
59.12<\/td>Motion picture, video, and television programme post-production activities<\/td><\/tr>
59.20<\/td>Sound recording and music publishing activities<\/td><\/tr>
90.11<\/td>Literary creation and musical composition activities<\/td><\/tr>
90.12<\/td>Visual arts creation activities<\/td><\/tr>
90.13<\/td>Other arts creation activities<\/td><\/tr>
90.20<\/td>Activities of the performing arts<\/td><\/tr>
90.31<\/td>Operation of arts facilities and sites<\/td><\/tr>
90.39<\/td>Other support activities for the arts and performing arts<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Applications will be processed within 20 working days.<\/p>\n\n\n\n

Artistic purpose refers to income earned from:<\/p>\n\n\n\n