Budget 2022 | Increase in tax refund announced

Highest obtainable refund will amount to €140 while the lowest refund will be €60

Finance Minister Clyde Caruana said the tax refund scheme will continue into its fifth year.

He confirmed the tax refund pledge will see an increase over the previous year.

The highest obtainable refund will amount to €140 while the lowest refund will be €60.

The measure will cost government €24 million, and over 250,000 people will benefit from the scheme.