Submission and Payment of Forms TA22 and TA24 YA2020 (Basis 2019)

The Commissioner for Revenue (CfR) has issued a notice with respect to the payment of tax at the rate of 15% on income derived from part time self employment and from rental income.  The CfR has notified taxpayers that: Payments can only be made at Malta Post until 30/04/2020. Payments including interests can continue to […]

Written By Stephen Balzan

On April 23, 2020
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The Commissioner for Revenue (CfR) has issued a notice with respect to the payment of tax at the rate of 15% on income derived from part time self employment and from rental income.  The CfR has notified taxpayers that:

Payments can only be made at Malta Post until 30/04/2020.

Payments including interests can continue to be made online after 30/04/2020 on the CfR website. Interest is calculated by the system when filling in details.

Payments by cheque (payable to CfR) after 30/04/2020 sent to the office of the CfR will only be accepted if they include the interest incurred.  Any cheques received after that date not including interest will be returned back to the taxpayers to adjust the amount on the cheque to include interest.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [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].