by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that Malta will apply the derogation provided for in the EU Minimum Tax Directive and therefore will delay the introduction of the 15% minimum tax rate for companies forming part of a group...
by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that as from next year, the Government will increase to €500 (up from €200) per year, the tax credit to parents of children with disabilities who attend therapy (other than that offered...
by Stephen Balzan | Sep 27, 2023 | News
The Commissioner for Tax and Customs has announced the publication of guidance on the 7.5% rate of tax applicable to income from certain artistic activities pursuant to article 56(26A) of the Income Tax Act (CAP 123). Guidance on the scope of the reduced rate,...
by Stephen Balzan | Jul 24, 2023 | Articles & Publications
The European Commission (EC) has proposed new rules to make withholding tax procedures in the EU more efficient and secure for investors, financial intermediaries (e.g. banks) and Member State tax administrations. Currently, in case of cross-border investments, many...
by Stephen Balzan | Jul 17, 2023 | News
The following are the tax deadlines for this month. 31 August 2023 – Online submission of income tax returns in respect of year of assessment 2023 by companies whose accounting year ended on 30 September 2022 31 August 2023 – Submission by employers of Form FS5 for...
