Amendment to the Exemption from Tax on Certain Property Transfers Rules
The Exemption from Tax on Certain Property Transfers Rules (SL 123.199) have been revised by LN 77 of 2023....
10 April 2023
Amendment to the Exemption from Duty in terms of Article 23 Order
Article 5 of the Exemption from Duty in terms of Article 23 Order (SL 364.12) has been revised by LN 76 of 2023....
10 April 2023
CfR Manual on Taxation of Income from Part Time Work
The CfR Manual on Taxation of Income from Part Time Work, as at 27th March 2023, is available here....
10 April 2023
CfR Manual on Taxation of Rental Income
The CfR Manual on Taxation of Rental Income as at March 2023 is available here....
10 April 2023
Increased adminstrative penalty for failure to submit Recapitulative Statements
The Budget Measures Implementation Act of 4 April 2023 has increased the administrative penalty for failure to submit Recapitulative Statements to eur50 per month of default (currently eur10), capped at eur600 per statement (currently eur120). The Act has also introduced an enabling provision (a new art. 55A)...
10 April 2023
Tax Credit for costs of therapy for children with disability
The Tax Credit (Costs of Therapy provided to Children with Disability) Rules, 2023 were published on 4 April 2023. The rules provide for a tax credit of eur200 in connection with qualifying costs incurred in the year immediately preceding the year of assessment commencing on or...
6 April 2023
Budget Measures Implementation Act Published
The Budget Measures Implementation Act - Act XII of 2023 - was published on 4 April 2023. The Act revises the following legislation: the Customs Ordinance the Income Tax Act the Social Security Act the Motor Vehicles Registration and Licensing Act the Income Tax Management Act ...
6 April 2023
MIT hosts the first VAT Practitioners’ Forum
The MIT hosted the first VAT Practitioners' Forum on 22 March 2023 at the Notch Conference Centre, Urban Valley Resort. The event, brought by the MIT’s Indirect Tax Technical Committee, featured two panel discussions as well as an opportunity for Q&A. The event was opened by...
26 March 2023
CFE Forum 2023: Towards a More Cohesive European Fiscal Union? Minimum Tax & VAT in the Digital Age
CFE Tax Advisers Europe’s 2023 Forum will take place on Thursday 20 April 2023 in Brussels on the topic of “Towards a More Cohesive European Fiscal Union? Minimum Tax & VAT in the Digital Age“. These two key European Commission projects mark another milestone in...
20 March 2023