Deduction for the cost of goods acquired for resale

Deduction for the cost of goods acquired for resale

The Commissioner for Revenue has issued a clarification note to explain that traders who donate goods that are close to their expiry date for charitable purposes (rather than destroy them) will not loose the right to the deduction for the cost of the goods and would...
Deduction (income from Employment) Rules

Deduction (income from Employment) Rules

The Government of Malta has by means of Legal Notice 4 of 2023 amended the Deduction (income from Employment) Rules.  The revised rules shall be applicable as from year of assessment 2024. These rules apply to individuals (including any spouse where the responsible...