VAT SME Scheme – MTCA guidance

The MTCA has published guidance on certain aspects of the new rules applicable as of 1 January 2025 further to Act XXXVIII of 2024 and Legal Notices 344 to 352....

MTCA launches the Large Taxpayer Office

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...

The MIT commemorates 30 years at its annual Tax Conference

The MIT hosted its Annual Tax Conference on 4 April 2025 at the Westin Dragonara Resort St. Julians. The event was opened by MIT President, Conrad Cassar Torregiani, who reflected on the work, achievements and continued relevance of the Institute, 30 years since its establishment on...

VIDA package adopted

On 11 March 2025 the VIDA package was adopted by Council, following reconsultation with Parliament (see MIT News 5 November 2024). The revisions to the VAT Directive, the Implementing Regulation and the Regulation on Administrative Co-operation which implement the VIDA package will enter into force...

VAT SMEs – Explanatory Notes

The MTCA has issued Explanatory Notes, for the purpose of article 3(2)(c) of Cap. 512 of the Laws of Malta, on the changes to the VAT Act introduced by Act XXXVIII of 2024 and Legal Notices 344 to 353 of 2024, which entered into effect...

Upcoming change to the place of supply rule for virtual events

Legal Notice 344 of 2024 introduces an amendment to item 6 of Part 2 to the Third Schedule of the VAT Act in relation to admission to cultural, artistic, sporting, scientific, educational, entertainment or similar events where the attendance is virtual; and Services and ancillary...

VAT zero-rate for women’s sanitary products & certain medical accessories

Legal Notices 354 and 355 of 2024 introduce the reduction on VAT rate on women's sanitary products announced with the Budget for 2025. Certain sanitary items essential for women’s health, which are subject to VAT at 5% will, effective 1 January 2025, be exempt (zero-rated) pursuant...

Changes to the VAT Act – SME Scheme

Act XXXVIII of 2024 published on 17 December 2024 has introduced changes to the VAT Act implementing the changes to the EU VAT Directive (Dir 2006/112EC) introduced by Directive 2020/285  as regards the special scheme for small enterprises (See MIT News 20 February 2020). Further changes to...