Workers, pensioners, students and those on social benefits are starting to receive their additional cheque and tax refund cheque. This will continue until the end of the month, the government has said.

Finance Minister Clyde Caruana said that, “if the need arises later this year, the government will not rule out intervening again. We are closely following what is happening on a daily basis in international markets, especially the rise in the prices of oil, wheat, cereals and other essential products. No doubt all this will have an impact on our country.”

The Minister explained that through the additional cheque, pensioners and those on social benefits will receive €200, while all workers and students who receive the stipend will receive €100.

In total, he said that will put €48 million in the pockets of Maltese and Gozitan families and will benefit 361,000 people.

In addition, about 250,000 workers have started receiving the tax refund cheque. The highest amount of these cheques will be €140 while the lowest will be €60, with the highest being given to the lowest earners., the Minister said.

The Finance Minister added that, “this is not a refund for overpaid tax, but is a tax incentive that rewards the zeal of Maltese and Gozitan workers. This measure alone puts €25.5 million in the pockets of workers.”

For more information on these measures call freephone 153.

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