The Malta Tax & Customs Administration launched a comprehensive Client Satisfaction Survey on 19 September. The survey, which has been sent to taxpayers by email, is aimed at gathering feedback from both service providers and individual taxpayers. ...
The Minister for Finance has launched the Pre-Budget Consultation Document 2025 Chapter 2 of the document, under the heading 'Ensuring Sustainability in Public Finances', provides an update on the programme for the modernisation of the Maltese Tax and Customs Administration, including: the implementation of a digitised...
Further to the recent changes to the VAT exemption for healthcare services (See MIT News 15 September 2024), the MTCA guidelines on the healthcare exemption in item 11 of Part 2 to the Fifth Schedule of the VAT Act have been updated → MTCA GUIDELINES...
LN 228 of 2024 has revised the Fifth Schedule to the VAT Act, bringing within the scope of the VAT exemption for health and welfare the provision of medical care by a person in the exercise of a profession regulated by the Counselling Profession Act...
Item 11(b) of Part One of the Fifth Schedule to the VAT Act applies a zero rate of VAT (exemption with credit) to the supply of: “scheduled inter-island sea transport of passengers by authorised carriers and other scheduled sea transport of passengers recognised as such...
Further to the repeal of article 74 of the VAT Act with the Budget Measures Implementation Act, the Malta Tax & Customs Administration (MTCA) has issued Guidance clarifying that the income tax treatment of interest paid pursuant to the provisions the VAT Act has, with...
According to reports from the 14 May 2024 ECOFIN meeting, progress was made in the discussions around the VAT in the Digital Age package (see MIT News 8 December 2022), however no agreement was reached. The ViDA package, which is comprised of three parts: real-time reporting...
Developments are expected at the 14 May 2024 ECOFIN meeting where Council will be seeking political agreement on two measures: the VAT in the Digital Age (ViDA) Package (see MIT News 8 December 2022) the proposal to make the relief of excess withholding taxes faster...
The MTCA has published Legislative Update 3 of 2024, which gives an overview of subsidiary legislation issued under the Income Tax Acts between January and April 2024. source: cfr.gov.mt...
