COVID-19 Tax Deferral Scheme Extended

The Commissioner for Revenue announced that the Tax Deferral Scheme has been extended to cover taxes which fall due up to and including  30th  June 2020. The settlement date is still to be announced in the future. The Tax Deferral Scheme applies to Provisional Tax, VAT, Maternity Fund Contributions and National Insurance Contributions on salaries. Both […]

Written By Elaine Camilleri

On May 4, 2020
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The Commissioner for Revenue announced that the Tax Deferral Scheme has been extended to cover taxes which fall due up to and including  30th  June 2020. The settlement date is still to be announced in the future.

The Tax Deferral Scheme applies to Provisional Tax, VAT, Maternity Fund Contributions and National Insurance Contributions on salaries. Both companies and the self- employed can benefit from this scheme and the deadline for the submission of applications is the 15th May 2020.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri ecam[email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].