Income from Sports Related Activities
On 28 June 2024, the income from Sports Activities Rules have been published. Through this legal notice an individual who derives employment income, consisting of emoluments received for services provided in the course of sports activity or that are directly related to a sports activity, irrespective of whether these are provided on a full-time or part-time basis, such individual has the option to tax such income at the rate of 7.5%. This tax is final and no-refund or set-off shall be granted in relation thereto.
This rate will apply to:
- A registered player or athlete
- A Licensed coach
- A Licensed match official
- A Match analyst
- A Team manager or sporting director
- A sport administrator
- A Team Doctor
- A team physiotherapist
All such positions need to duly accredited by a national regulatory body and recognised by SportMalta.
If you require further guidance or details in relation to this process, please do not hesitate to contact us so that we may assist you.
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Elaine Marie Debono Tax senior manager Birkirkara
Ruth Farrugia Tax Director Birkirkara
