by Stephen Balzan | Jun 26, 2023 | Articles & Publications
Introduction The Commissioner for Revenue (CfR) has recently published a manual of how spouses may apply for a separate tax return in terms of Article 49A of the Income Tax Act (‘ITA’). The manual may be accessed from the CfR’s website by clicking here. Article 49A...
by Stephen Balzan | Jun 12, 2023 | News
By means of Legal Notice 48 of 2023, the Government has announced that pension income derived by an individual on or after 1st January 2022 shall be exempt from tax as follows: Year of...
by Stephen Balzan | Jun 12, 2023 | News
By means of recent amendments to the Income Tax Act, implemented through the Budget Measures Implementation Act XII of 2023 published on the 4th April 2023, Article 27A has been amended so that the transfers that qualify for special treatment due to restructuring will...
by Stephen Balzan | Jan 30, 2023 | News
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...
by Stephen Balzan | Sep 26, 2016 | Articles & Publications
As an international financial services centre, Malta provides for various fiscal incentives both to Malta companies and also to their shareholders. This makes Malta a very tax efficient jurisdiction where to set up companies to hold intellectual property such as...
