Beverage Container Refund Scheme – VAT Receipts & Invoices Guidelines

The Office of the CfR has issued guidelines in connection with the issuing of Tax Invoices and Fiscal Receipts by operators in connection with the Beverage Container Refund Scheme pursuant to the Beverage Containers Recycling Regulations (S.L 549.134), which will come into effect on 14th November 2022. The...

Budget Measures Implementation Bill

Following the Budget 2023 speech earlier this week, the Budget Measures Implementation Bill has been tabled in Parliament. View the Bill here....

Budget 2023 – Fiscal Measures Highlights

Yesterday evening the Minister for Finance and Employment, the Hon Clyde Caruana, delivered the Budget Speech for 2023. The following is an overview of some of the fiscal measures announced: Tax refunds will once again be issued in 2023, ranging from €60 to €140, to individuals...

CFE Tax Top 5 (17 October 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes BEFIT Call for Evidence Register Now: Conference “Targeting the “Bad Apples”: Enablers of Tax Avoidance”; Zagreb, 2 December 2022 CFE Publishes Statement on the EU Enablers Initiative Wyman Symposium...

The MIT Annual Tax Conference 2022

The MIT held its annual tax conference on Wednesday 12th October at the Radisson Blu Resort & Spa Golden Sands. This full-day event was opened by MIT President Dr Conrad Cassar Torregiani who welcomed the 190+ attendees to the first in-person conference held by the MIT...

CFE Opinion Statement on proposed SAFE Directive

CFE Tax Advisers Europe has issued an Opinion Statement on the EU Commission's public consultation on the policy options being considered ‘to improve a regulatory framework for tax intermediaries’, through a legislative proposal to tackle the role of ‘Enablers’ that facilitate tax evasion and aggressive tax...

EU Consultation on a new corporate tax framework (BEFIT)

In its communication Business Taxation for the 21st Century (See MIT News 19 May 2021), the Commission announced that a proposal for a new corporate tax system will be put forward by 2023. This objective of this proposal, known as ‘Business in Europe: Framework for...

Mandatory e-filing of VAT returns as of February 2023

The Office of the Commissioner for Revenue has announced that all VAT Returns due to be filed on and after 15th February 2023 by persons registered for VAT under Article 10 of the VAT Act (standard VAT registration) must be completed and submitted electronically, via the VAT e-Services portal on the CFR...