The MIT Guide to completing a VAT return has been updated to reflect the changes to the VAT Return implemented in 2024 as well as clarifications obtained during the course of 2025. The key changes are outlined in the Table of Changes, for ease of...
Subsidiary legislation issued under the Income Tax Management Act (CAP 372) pursuant to LN 139 of 2025 repeals the Audit Report Waiver and Deduction Rules (SL 372.29) and introduces new rules around audit report waivers: an audit report waiver for the first two accounting periods...
LN 137 of 2025 has revised the income from artistic activity rules (SL 123.211), amending rule 3(b) (the tax base), and rule 4 (tax on the excess), and deleting rule 6. The amendments come into force from YA 2026. ...
This week's edition of the CFE Tax Top 5 looks at the following: Trade Tensions & Tax: EU Navigates US Tariffs and Budget Pressures ECOFIN Focuses on Danish Presidency Priorities & Fiscal Resilience OECD Publishes 2024 Tax & Development Report New Regulation Implements DAC9 Exchange...
The Malta Tax and Customs Administration (MTCA) has published a series of Frequently Asked Questions (FAQs) relating to VAT to provide further guidance on key topics: Registration & De-registration - view here VAT rates & exemptions - view here Tax invoices & fiscal receipts -...
STEP Malta has announced an upcoming CPD event - “The Malta Family Office Framework: A New Pillar for Family Wealth in Malta” - that will take place on Wednesday, 16th July 2025, at The Phoenicia Hotel, Valletta. Speakers: Dr Petra Camilleri - MFSA together with a guest...
On 3 July 2025 the MIT hosted a Q&A session with officials from the MTCA in connection with tax compliance and reporting matters for individuals. The session, which was held at the Xara Lodge, Rabat, was moderated by James Bonavia, a member of the Personal...
On 7 July 2025 the European Commission announced the adoption of an Implementing Regulation aimed at providing the technical solution for the automatic exchange of top-up tax information return between Member States under the Directive on Administrative Cooperation (DAC9). The new Implementing Regulation lays down a...
The MTCA has launched a survey for sole proprietors and self-employed individuals, inviting them to share their feedback to help MTCA enhance their services. The survey has been sent to the relevant stakeholders by email....
