The European Commission launched a consultation on the functioning of the EU’s framework to help resolve cross-border tax disputes in relation to double taxation issues. The consultation requests feedback on the Directive on Tax Dispute Resolution Mechanisms (DRM Directive) which came into force on 1...
Further to the introduction of the exemption (with credit) on supplies to recognised non-profit making organisations of devices and aids, including related goods, which are essential to compensate or overcome disability in humans (See MIT news 26 January 2024), the MTCA has published guidelines which...
The MTCA has announced an extension of the VAT Return deadline (VAT period October - December 2023), including the payment deadline, from 22 February 2024 to Monday 26 February 2024...
The MTCA has published a Data Specifications Document - view here. For more information on the reporting obligations of Payment Services Providers and the reporting procedures under CESOP, visit the MTCA CESOP portal here....
The MTCA has published guidance on the scope and application of the reduced rate of 12%, introduced with effect from 1 January 2024, for services consisting of management of credit and credit guarantees. View here. *** Understanding the scope of the 12% VAT Rate Join us on 29...
The MTCA has published guidance on the scope and application of the reduced rate of 12%, introduced with effect from 1 January 2024, for services consisting of care of the human body. View here....
The MTCA has published guidance on the scope and application of the reduced rate of 12% introduced with effect from 1 January 2024 for the short term hiring of pleasure boats. View here....
Payment service providers whose home Member State or host Member State is Malta, and who have an obligation to register for CESOP, have been granted a one-time extension of the registration deadline from 25 January 2024 to 16 February 2024. Visit the MTCA CESOP portal for...
Amendments to the Fifth Schedule Parts 1, 3 and 4 of the VAT Act were introduced by LN 12 of 2024. The changes exempt (zero-rate) supplies to recognised non-profit making organisations of devices and aids, including related goods, which are essential to compensate or overcome...
