2nd July 2020
The COVID-19 Wage Supplement parameters have been adjusted effective July 2020 and in this respect Malta Enterprise has issued revised NACE code based Annexes applicable for the period of July to September 2020. The full lists can be found at this link. These 3 Annexes – Annexes A, B and C – replace the previous Annex A and Annex B that had been applicable till the end of June 2020.
The revised Annex A covers businesses dependent on tourism, such as tourist accommodation, travel agencies, English learning schools, event organisers and air transport. For such businesses, the Wage Supplement will remain unchanged until the end of September i.e. EUR 800 / month for full-time employees and EUR 500 / month for part-time employees.
Annex B now covers businesses dependent on local demand and includes certain manufacturing, processing, wholesale and retail activities, printing, media and publishing, services related to goods handling and transportation and cleaning services. Certain personal services like hairdressing, beauty and physical well-being have now been moved from the previously applicable Annex A to the current Annex B. Full time employees of businesses falling under the revised Annex B will be entitled to €160 per month; part-time employees will be eligible for €100 per month.
Annex C covers all other activities previously supported under the Wage Supplement scheme but which are not included in either of the revised Annexes A and B. These businesses now fall under Annex C; for said businesses, as from July 2020 the Wage Supplement will be revised down to of €600 / month for full-time employees and €375 / month for part-time employees.
How can we help?
We are monitoring developments on an ongoing basis and will provide further updates as more information becomes available. Meanwhile, should you require any assistance relative to how your business may benefit from COVID-19 related incentives, the Economic Stimulus Package, Malta’s Financial Aid package and the various Malta Enterprise support measures generally, please do not hesitate to reach out to us personally.