by Elaine Camilleri | Dec 22, 2021 | News
A flat tax rate of 15% has been introduced with effect from 1st January 2021and applies to royalties derived by individuals in their capacity as authors of qualifying literary work by virtue of their title to the copyright on that work conferred by the Copyright Act....
by Elaine Camilleri | Nov 2, 2021 | News
Following the Budget speech by the Minister of Finance on the 11th October 2021, a Bill has been presented in order to implement Budget Measures for the financial year 2022 and other administrative measures. The following are the main highlights of the said Bill:...
by Elaine Camilleri | Apr 27, 2021 | News
Earlier today, the Prime Minister of Malta together with the Minister for Energy, Enterprise and Sustainable Development announced a new set of business support measures. The aim of such measures are: to provide direct support measures with the scope of injecting...
by Elaine Camilleri | Apr 16, 2021 | Articles & Publications
The Investment Aid 2021 Regulations, introduced by L.N. 156 of 2021, provide assistance in the form of tax credit or a cash grant to qualifying undertakings. The aim of the scheme is to encourage the setting up of new establishments and the expansion and development...
by Elaine Camilleri | Mar 31, 2021 | Articles & Publications
Maltese tax law is somewhat silent when it comes to the tax implications of golden handshakes and other payments made upon termination of employment. For such reason, in order to determine the tax implications applicable to such payments, one would need to refer to...