CESOP User Guide (V 4.40)
The Office of the CfR has announced that the updated XSD User Guide (Version 4.40) has been published. Click here for details....
2 July 2023
CESOP FAQs
The European Commission, in collaboration with the CESOP Expert Group (composed of representatives from Member States’ authorities and Payment Service Providers), has drafted a list of FAQs, based on the questions that it has received from Member States and Payment Service Providers. This document complements the...
2 July 2023
VAT e-services update
The Office of the CfR has announced that an application for the reprinting of the VAT Registration Certificate and Information sheet can now be made online via the VAT e-Services portal....
29 May 2023
Proposed changes to the Import One Stop Shop
The proposed reform to the EU Customs Union (See MIT News) includes proposed amendments to the VAT Directive, specifically to the Import One Stop Shop (IOSS): extending the application of the deemed supplier rule (currently limited to distance sales of imported goods not exceeding EUR...
17 May 2023
EU Customs Reform
The Commission has put forward proposals for a comprehensive reform of the EU Customs Union, which is being hailed as the most ambitious proposed reform since its establishment in 1968. The proposed measures are intended to simplify customs processes for business, cutting down on cumbersome customs...
17 May 2023
Strategy for Malta’s Tax and Customs Administration launched
The Malta Tax and Customs Administration has launched the ‘Delivering Transformation Strategic Plan 2023-2025'. "A decision has now been taken to revitalise the integration strategy and process, working to achieve a ‘modern and adaptive’ Tax and Customs Administration for Malta that is truly aligned with the changing...
12 May 2023
Guidance on penalties for late submission of VAT Recapitulative Statements
The Office of the CfR has issued guidance on the implementation of the increase in the administrative penalty, introduced with the Budget Measures Implementation Act (See MIT News 10 April 2023), imposed upon the late filing of recapitulative statements required to be made in terms...
5 May 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
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