During Budget 2016, the government announced a new measure to encourage further partnerships between Malta’s business community and the cultural sector.

Carl Watt

Through this measure, companies giving donations to non-profit cultural organisations, public cultural organisations or to Arts Council Malta as an intermediary on behalf of a beneficiary may claim the amount donated at 150 per cent against the income for the year of assessment when the donation was made. The maximum tax deduction is capped at €50,000. This incentive is effective as of January 1, 2016.

An information session for businesses interested in supporting the arts will be held on March 30 at 2pm at Malta Enterprise, Pietà. During this session, guest speaker Carl Watt (Arts & Business Scotland) will discuss why it’s important for businesses to support culture and the arts. A step-by-step walkthrough of how the incentive will be administered will also be delivered. Company managers and accountants are best positioned to benefit from this information session.

E-mail donateforarts@artscouncilmalta.org by Monday, March 28, to book your place. Attendance is free but places are limited and will be allocated on a first-come first-served basis.

Incentive guidelines and application forms will be available following the official launch of the incentive on March 30. Visit www.artscouncilmalta.org for more info.