TAX EXEMPTION (CONSTRUCTION WASTE RECYCLING) (2020-2026) RULES

TAX EXEMPTION (CONSTRUCTION WASTE RECYCLING)

(2020-2026)

SUBSIDIARY LEGISLATION 123.197

TAX EXEMPTION (CONSTRUCTION WASTE

RECYCLING) (2020-2026) RULES

4th May, 2020

LEGAL NOTICE 179 of 2020, as amended by Legal Notices 218 and

284 of 2020, 301 of 2023, 29 of 2025 and 25 of 2026.

The title of these rules is the Tax Exemption

(Construction Waste Recycling) (2020-2026) Rules.

In these rules, unless the context otherwise requires

"authorised person" means a person who is in possession of a

permit issued by the Environment and Resources Authority for the

acceptance in his quarry of construction and demolition material from

third parties;

"qualifying services" means the acceptance by an authorised

person of construction and demolition material from third parties at a

fee not exceeding twelve euro (€12), net of value added tax, per tonne;

"relevant year" means any calendar year from 2020 to 2026,

both years inclusive.

Income derived by an authorised person from qualifying

services during a relevant year shall be exempt from the tax that

would otherwise be chargeable on that income subject to the

following conditions

(a)

the income in question is declared in a tax return

filed in accordance with article 10 of the Income

Tax Management Act for the respective year of

assessment; and

(b)

an amount of tax is paid equivalent to five cents

(€0.05) on every euro of that income ; and

(c)

the tax on the chargeable income of the authorised

person for the respective year of assessment shall

be calculated at the rate or rates that would apply if

that income included also the income exempted by

these rules; and

(d)

the authorised person produces such documents or

other evidence as the Commissioner may require.

TAX EXEMPTION (CONSTRUCTION WASTE RECYCLING)

(2020-2026)