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The MIT Weekly ~ 2 April 2024
 
 
The MIT Weekly

Tax News & Updates

 
 

12% VAT guidelines - Custody of Securities

The MTCA has published guidance on the scope and application of the reduced rate of 12%, introduced with effect from 1 January 2024...

MTCA Information on withholding tax in MyTAX portal

The Malta Tax & Customs Administration has published guidance on the submission of final withholding tax forms (TA22, TA23 & TA24)...

 
 
 
 
 

The MIT VAT PRACTITIONERS' FORUM 2024

📣 Have you booked your place yet?!
The second edition of the MIT VAT Practitioners' Forum will be held on 9 April 2024 from 09.00 - 12.30 at The Hyatt Regency Malta, St. Julians.

Book your place here.

The MIT VAT Practitioners’ Forum brings together professionals who work in the field of VAT to discuss select topical VAT issues from a technical and practical perspective. It is an opportunity for dialogue amongst practitioners as well as with representatives of the Malta Tax and Customs Administration.

The Theme of this year's forum is INPUT TAX. Book your place and join the discussion

 
 
 
 
 

🗓️ Happening Next Week


📒 10 April 2024 - Personal Tax: Social Security
A session looking at the method of computation of Social Security contributions and the different classes and categories of insurable employment, addressing also cross-border situations with a particular overview of the EU Directive and Regulation on social security.

📒 11 April 2024 - Introduction to VAT Principles
A foundation session in VAT which is an essential starting point for those who are looking to pursue further studies and/or a career in VAT. It is also of interest to those who would like to obtain an insight into the workings of VAT to understand if the subject-matter may be of interest for them for future studies or career-path.


 
 
 
 
 

Click on the link below for current vacancies in Tax

 
A Career in Tax Banner
 
 
 
 

‼️ Upcoming VAT Course‼️ 
VAT & Other Indirect Taxes

  MIT_VAT_Shutterstock

A 12-lecture course which will provide a comprehensive overview of the Maltese VAT system in the context of EU VAT principles.

Starting on 16 April 2024 (Weekly lectures, ending on 23 May 2024)

Click here for the full lecture time-table.

This course is ideal for persons pursuing a career in tax who wish to obtain a strong foundation in VAT principles. Individuals who are interested in following this course but who have limited / no knowledge of VAT are recommended to sign up for the Introduction to VAT Principles session which will be held on 11 April 2024.

 
 

Tax Compliance Series - Fiscal Consolidation

Fiscal Consolidation  


Date: 25 April 2024
Time: 17.00 - 20.00
Venue: St. Aloysius College, B'Kara

A practical workshop focusing on fiscal consolidation. During this session the attendees will go through:

  • the election to form a fiscal unit and requirements to apply for a fiscal unit;
  • tax computations and a consolidated tax computation;
  • the process to prepare the consolidated tax return and supplementary document.