Going self-employed in Malta – As you have seen (click here to read our previous post about self/employed part 1), there are a number of issues to take into account prior you start working for yourself, (also known as freelance) or prior to becoming owner of your own business. Part (1) provided you with valuable…
ĠEMMA Ftit play at Għajnsielem Primary Financial capability is an essential life skill – to have a more financially sustainable future. ĠEMMA FTIT – an interactive play directed towards Year 4 to Year 6 students Interaction is managed by an animateur bee character, a video and the children. This play is organised with the HSBC…
Financial Literacy Accredited Course at the Malta College for Arts, Science & Technology (MCAST) The Ministry for the Family, Children’s Rights and Social Solidarity in collaboration with the Malta College of Arts, Science and Technology is offering an accredited course in Financial Literacy at MQF Award level 3 to those working with disadvantaged groups. The…
Applicable to those non-pensioners who would have reached state pension age but who do not have enough Social Security Contributions to qualify for a Contributory Pension. Deficiency Contribution Bonus DCB was a budget 2015 measure which came into effect as from 1st January 2015. With effect from January 2020, bonus will not come to a…
Targeted towards families having an annual income from a gainful occupation and with children below 23 years of age living within their household. The benefit of this initiative is to encourage the unemployed to join the workforce as well as assists the following categories: • single parents in employment who earned more than €6,600 and…
Going self-employed in Malta – Wondering from where to start? What steps to take? What applications to submit? ĠEMMA has got a guide — Self-Employed Start-Up — divided into two parts to enable you to understand the key steps to start up your own business in Malta Jobs+ You need to register with Jobs+ (formerly…
ĠEMMA, as part of its 3rd Onfoq bil-Għaqal Campaign, in December 2019 / January 2020 partnered with the Aladdin Panto (held at the Catholic Institute, Floriana) to integrate within the Panto story a scene highlighting the importance of saving and how one can prioritise on spending. Another scene was dedicated to the interaction with children…
Although the 2007 pension reforms increased the retirement age as follows: Date of BirthRetirement Age1952 to 195562 years of age1956 to 195863 years of age1959 to 196164 years of ageOn and after 196265 years of age you can still retire at the age of 61 years (known as the early-opt-out) if: Born between 1959 and…
What is a contribution? The social security contribution is also referred to as ‘bolla’ in Maltese. ‘Bolla’ refers to the ‘stamp’ that used to be manually affixed to a person’s notebook showing the number of contributions a person paid. A social security contribution is also referred to as SSC or NI, in abbreviated terms. The…
