Malta Enterprise has just announced the relaunch of the Micro Invest Scheme, offering enticing tax credits to both self-employed individuals and companies. Under this scheme,…
By virtue of Legal Notice 228 of 2022, interest on unpaid income tax has increased to 0.6% per month. The new rate applies as of…
Tax Stamp Duty on the transfer of Real Estate Payer Real state buyer Active Subject Commissioer for Revenue Calculation Basis Higher of the Market Value…
Sale of goods by distance sellers NOT established in your country. Your country is the country of destination of the goods. Country of destination MALTA…
Change to local Interpretation concerning the ‘supply’ of directors Summary In terms of article 5 of the VAT Act, the activities of an ’employee’ which,…
LNs published on the reduced rates of tax and duty on the transfer of immovable property and the relaxation of the first-time buyer scheme conditions.…
On the 8th June 2020, the Prime Minister of Malta, Dr. Robert Abela, has announced a plan to regenerate the economy following the impact of COVID-19…
Tax Deferral Scheme: 1. Objective: to improve business liquidity by easing pressures on their cash flow arising from the economic impact of the coronavirus pandemic and…
COVID Wage supplement: Payroll Implications The wage supplement (€800 or less according to eligibility) is the government’s contribution to the employer to support the wages…
Guidelines on the tax deferral scheme announced by the Government earlier this week have been published by Malta Enterprise and the Office of the Commissioner for Revenue. The following is…
The Malta Business Registry has announced that if a company is effected by the COVID-19 situation and the filing of the annual return and/or financial statements falls within…
