by Stephen Balzan | May 27, 2024 | News
The MTCA has published a guideline on the interpretation of one of the conditions for the exemption granted under article 5A(4)(c) of the Income Tax Act on the transfer of a dwelling house. Article 5A(4)(c) of the Income Tax Act exempts from income tax the transfer of...
by Stephen Balzan | Apr 10, 2024 | News
The Government of Malta has by means of ACT X111 of 2024 amended the Income Tax Act. A summary of the main amendments are the following: Expenditure of a capital nature on intellectual property or any intellectual property rights Any expenditure of a capital...
by Stephen Balzan | Mar 20, 2024 | News
By means of Legal Notice 62 of 2024, the Government of Malta has published a notice which mentions the following philanthropic organisations as exempt from income tax. Aditus Foundation Fondazzjoni Dar il-Hena Foodbank Lifeline Foundation Malta KENUP Foundation...
by Christabel Spiteri | Jan 29, 2024 | Articles & Publications
As we usher in the new year, businesses need to stay informed about the latest updates in payroll, employment, and related regulations. In this comprehensive overview, we’ll delve into the significant changes for 2024, covering crucial aspects such as the...
