No: Not Claimable
Can I Claim Private and Non-Business Expenses as a Business Expense in Malta?
No. An expense must be incurred wholly and exclusively in producing the income. Private expenses are disallowed.
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What Malta Tax and Customs Administration (MTCA) says
Deductions follow the wholly and exclusively test in article 14 of the Income Tax Act. Private expenses are disallowed under article 26.
When you can claim
- Costs wholly and exclusively for the business
- The business share of a mixed cost, apportioned with a documented basis
- Staff costs through payroll
- Benefits taxed through the fringe benefit rules
When you cannot claim
- Personal spending paid by the company
- Private use of company assets
- Family costs
- Costs with no invoice
Good to know
Pro tip: Pay private costs personally. Where a cost is mixed, apportion it on a written basis.
Related expenses
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