Budget 2019: Tax refund for parents; less taxes for pensioners

Tax refunds for parents with children in independent schools, as well as an increase in the maximum tax limit for pensioners as part of the new Budget 2019.

Pensioners who had taxable income will benefit from an increase in tax limitations. This means that there is now a higher amount of untaxed pension. In his Budget 2019 speech, Finance Minister Edward Scicluna said that the increase in untaxed pension will be just over €200. Details can be seen in the table below:

Meanwhile, parents who send their children to independent schools will also benefit from tax refunds. This will vary according to which grade their children are in, whether kindergarten, primary, or secondary. Full details below: