Government Support for SMEs
The government will cover up to 65% of wage increases for employees in small and medium enterprises (SMEs) as part of the expanded MicroInvest scheme.
This measure aims to help local businesses raise salaries while remaining competitive, as announced by Finance Minister Clyde Caruana during his presentation of the 2025 Budget.
“reward good employers” who invest in their workforce while easing the cost of wage growth in a tight labour market.
- The scheme applies to salary increases spread over two years.
- Refunds will rise to 80% for Gozo-based companies.
Author's summary: Government to aid SMEs with wage increases.