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,…
REQUIREMENTS VAT CIT Regulation Definition according internal regulation Any fixed place of business where companies and individuals carry out economic activities. Any fixed place of…
The Government of Malta announced new financial measures intended to keep individuals in employment so businesses can recover quickly once the medical situation changes thereby…
The support measures that have been announced so far, which are explained below: a) Quarantine leave Government to cover €350 per employee on quarantine. This…
Seed Investment Scheme (Income Tax) Rules, 2019 By means of Legal Notice 170 of 2019, the Government of Malta has adopted the Seed Investment Scheme…
On 31 May 2019 Malta published Legal Notice 110 of 2019 entitled Consolidated Group (Income Tax) Rules, 2019 (the “Notice”). The new rules simplify income tax calculation and…
Where finance leasing arrangements of aircraft do not fall within the scope of Legal Notice 369 of 2005, the Office of the Commissioner for Revenue…
Where leasing arrangements of yachts do not fall within the scope of Legal Notice 369 of 2005 and where the aforesaid lease is deemed by…
Value-added tax (VAT) applies to most transactions. The standard rate is 18 per cent with reduced rates for some products and services. Most financial services…
With effect from 1st January 2015 the capital gains tax system will, with minor exceptions, be fully replaced by the tax on property transfer system, in…
Who should read these Guidelines? This document is intended to provide guidance on the definition of Electronically Supplied Services. Any taxable person providing electronically supplied…
