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