The MTCA has published an overview of some of the measures introduced in the Budget Measures Implementation Act 2025, specifically: The exemption under article 5A(4)(c) ITA Business permit deduction - Article 14(1)(ma) ITA School Fees deduction - article 14B ITA Elective Tax - Article 22B ITA ...
The Malta Tax & Customs Administration has announced that the deadline for the manual submission of Income Tax Returns for clubs and similar institutions (TA37), religious entities (TA36), partnerships (TA5) for the Year of Assessment 2025 has been extended until the 31st of July 2025....
The Malta Tax and Customs Administration has notified that the deadline to submit the Personal Income Tax Return is 30th June 2025. However, a one month extension has been granted for online submissions - the extended deadline for both filing and payment is 31st July 2025. ...
The Tax Credit (Costs of Therapy Provided to Children with Disability) rules have been revised by LN 96 of 2025. The amendment, effective as of 1 January 2025, disallows a tax credit under the rules in respect of costs incurred after 31st December 2024....
LN 101 of 2025 has introduced a new provision to the Tax Rate Adjustment Rules (SL 123.167), effectively terminating the application of the tax rebate computed under the rules with effect from year of assessment 2026 and the subsequent years of assessment....
The MTCA has published updates to the DAC 2 guidelines. Version 4.7 of the Guidelines has been issued with updates to: Section 2.2.3 : Investment Entity – page 16 Section 14.1: Recalcitrant Accounts/ Undocumented Accounts Subsection: Undocumented Accounts – page 101 Appendix 1 and Appendix...
The Budget Measures Implementation Act 2025 was published on 17 April 2025. Click the link to download....
The European Council adopted a further amendment of Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9) on 14 April 2025, which will streamline filing obligations and reduce compliance burden for companies under the Pillar 2 Directive. (See MIT News 14 March 2025) Member...
The Malta Tax and Customs Administration (MTCA) has announced the establishment of the Large Taxpayer Office (LTO). This new unit within the MTCA is designed to provide a specialised, holistic service to entities and individuals who meet specific eligibility criteria. It will serve as a single...
