By means of LN 462 of 2020, The Government of Malta has revised the Deduction (Income from Employment) Rules (S.L. 123.149), increasing the annual income requirement threshold from €9,840 to €9,930. The revised provision applies with effect from year of assessment...
By means of LN 464 of 2020, the Government of Malta has notified that the Protocol amending the Convention with the Russian Federation for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income will enter into force on...
By means of LN 467 of 2020, the Government of Malta has notified that with effect from 1st January 2021, the national minimum wage per week for whole time employees shall be as follows: Age 18 years and over Eur181.08Age 17 years Eur174.30Under 17 years...
By means of LN 468 of 2020, the Government of Malta has notified that with effect from 1st January 2021, the wages of whole time employees shall be increased by Eur1.75 per week.
The Commissioner for Revenue has notified that the income tax return and the supplemental document for Year of Assessment 2020 required to be filed by a principal taxpayer in respect of a fiscal unit are now available for download. Although such returns may be...
EU Member States have agreed to extend EU tax transparency rules to digital platforms. Following the proposal made by the Commission in July as part of the Action Plan for Fair and Simple Taxation, the agreed proposal on administrative cooperation will...
By means of Act No. L of 2020, the Government of Malta has published an Act to amend the Company Service Providers Act (Chapter 529 of the Laws of Malta). The provisions of the Act are not yet in force and they shall come into force on such date or dates as the...