Eco contribution has been saved
Malta Budget 2016
In last year’s budget speech, the Minister of Finance announced the removal of eco contribution on electronic and electrical equipment. In fact, eco contribution on such products was removed with effect from 1 September 2015.
The Minister has now announced the removal of eco contribution on other products and its replacement with a corresponding increase in excise duty. For example, eco contribution on wine bottles/containers was payable at the rate of €0.12 per bottle/container. This will now be replaced with an increase in excise duty by €0.005 per litre.