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The rules in the VAT Act for Small Undertakings (exempt persons/ Article 11 registered persons) will be revised with effect from 1 January 2025, implementing the changes announced in Directive 2020/285 EC. The new rules have been introduced by Act XXXVIII of 2024 and the relevant Legal Notices amending the schedules to the VAT Act.
As of 1 January 2025, businesses operating under the SME Scheme will benefit from simplified VAT compliance obligations and the option to be treated as a Small Enterprise not only for domestic supplies but also those made in another EU Member State.
The MIA, MIT and IFSP are collaborating in a joint webinar during which representatives from the three institutes, Saviour Bezzina, Louise Grima and Matthew Zampa, will go through the changes to the rules and their expected implications in practice. Nico Sciberras from the Malta Tax & Customs Administration (MTCA), will also be present to provide insights into the changes and clarifications.
Date: 28 January 2025
Time: 10.00 - 12.00
Venue: Online
Speakers: Saviour Bezzina, Louise Grima and Mattha Zampa with the participation of Nico Sciberras (MTCA
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