by Stephen Balzan | Jul 17, 2023 | Articles & Publications
In 2018, the Government of Malta had issued new rules which provide for a notional interest deduction (NID) against the chargeable income of an undertaking for sums that are deemed to be payable by way of interest on risk capital. The NID is designed to align...
by Stephen Balzan | Aug 25, 2017 | Articles & Publications
By means of Legal Notice 205 of 2017, the Government of Malta has amended the rules relating to fringe benefits. The below is a summary of the main changes. What are Fringe Benefits? Fringe benefit are benefits provided or deemed to be provided by reason of an...
by Stephen Balzan | Sep 19, 2016 | Articles & Publications
Maltese tax law provides for rules which grant beneficiaries referred to as ‘Highly Qualified Persons’ to be taxed at a reduced rate of tax of 15% on their employment income, provided certain conditions are satisfied. Such persons must be highly qualified expatriates...
