Malta’s new insolvency framework

Malta’s new insolvency framework

Malta has in December of 2022 introduced a new insolvency framework by publishing two new sets of legislation namely ‘The Insolvency Practitioners Act’ and ‘The Pre-Insolvency Act’ while amending the Commercial Code.   The aim of this is to provide a more reliable...
Tax deadlines for the month of February 2023

Tax deadlines for the month of February 2023

The following are the tax deadlines for this month. 15 February 2023 – Submission by employers of Forms FS 3 and 7 for the calendar year 2022 28 February 2023 – Submission by employers of Form FS5 for the month of January 2023 together with the relative payment of...
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...
Tax deadlines for the month of January 2023

Tax deadlines for the month of January 2023

The following are the tax deadlines for this month. 31 January 2023 – Submission by employers of Form FS5 for the month of December 2022 together with the relative payment of FSS, national insurance and maternity fund contributions 31 January 2023 – Manual submission...