Jul 3, 2018 | Tax, Insights, Services
Following the announcement in the last Government Budget Speech, Legal Notice 162 of 2018 has introduced the possibility of VAT Grouping in Malta. VAT Grouping is a tool, available in various EU Member States, which is mainly used to prevent having irrecoverable VAT...Jun 1, 2018 | Tax, Insights
L.N. 114 of 2018 – Tax Credit (Educational Qualifications) Rules, 2018 Individuals obtaining educational qualifications recognised as being equivalent to a Level 7 or Level 8 qualification are entitled to claim a tax credit in accordance with the Rules...Apr 11, 2018 | Tax, Insights
Small and medium enterprises investing in their business are entitled to apply for a tax credit amounting to 45% of certain eligible expenditure incurred. The credit is increased to 65% if the investment is made by an undertaking operating from Gozo. The tax credit...Apr 11, 2018 | Tax, Insights
The European Commission (‘the Commission’) had opened a formal investigation on the Maltese Tonnage Tax Rules in 2012 to assess the compliance of the regime with European State Aid Rules. The conditional approval of the Maltese tonnage tax regime in December 2017...Mar 22, 2018 | Tax, Insights
Profits made through digital activities, such as selling user-generated data and content, are not captured by today’s tax rules. On 21 March 2018, the European Commission proposed two news rules to ensure that digital business activities are taxed in a fair and...Mar 19, 2018 | Tax, Insights
L.N. 9 of 2018 – VALUE ADDED TAX (AMENDMENT OF FIFTH SCHEDULE) REGULATIONS, 2018 The list of “Exemptions without credit” in the category of letting of immovable property now includes “the letting to players of rooms or other spaces lawfully designated for the playing...
