The Commissioner for Revenue is notifying that the tax payment deadline of eighteen months following the end of the accounting period, applicable to companies in possession of a determination under the relevant paragraphs of Article 47 of the Duty on Documents and Transfers Act (DDTA...
President and officers continue for a second term During the 2022 AGM held on 27 July, members elected 16 members to Council for 2022/23. Council members are: Robert Attard, Stephen Attard, Juanita Bencini, Rosanne Bonnici, Etienne Borg Cardona, Juanita Brockdorff, Nick Captur, Chris Curmi, Neville Gatt,...
IFSP Statute updated to match current needs During the 2022 IFSP AGM held on 27 July 2022, members approved a new, updated Charter of the IFSP with 33 votes in favour and none against. The text is available on the IFSP website. While many of the changes...
Committee will set up a credit review office and harmonise due diligence systems The Cabinet has approved the formation of a steering committee that will oversee the implementation of budget measures aimed at reducing bureaucracy for businesses, Economy Minister Silvio Schembri said on Wednesday. Schembri was speaking...
The Commissioner for Revenue would like to notify you that the facility to upload and submit the income tax return and the supplemental document for Year of Assessment 2022 required to be filed by a principal taxpayer in respect of a fiscal unit is now...
Commissioned by the Institute of Financial Services Practitioners, the Malta Institute of Accountants and the Malta Institute of Taxation, the report offers a critical snapshot of the industry A new report outlines the significant contribution of Malta’s services sector to the national economy. Jointly commissioned by the...
Malta’s removal from the greylist means revitalising the jurisdiction can begin The Institute of Financial Services Providers (IFSP) welcomes the news that the FATF Plenary Meeting in Berlin voted to remove Malta from the list of jurisdictions subject to increased monitoring. Malta spent just under a...
The Commissioner for Revenue notifies that the facility to submit the income tax return for Year of Assessment 2022 is now available on their online services. The Commissioner for Revenue also notifies that a new version of the YA2022 company tax return (version 1.2) was made...
Malta was voted off the Financial Action Task Force grey list on Wednesday, one year after first being labelled an untrustworthy financial jurisdiction by the global watchdog. The FATF vote is secret and a formal announcement of that decision will only be made at the end...
The European Central Bank on Thursday said it would raise interest rates for the first time in over a decade next month to combat runaway inflation, bringing the curtain down on the eurozone's era of cheap money. ECB governors, exceptionally meeting in Amsterdam instead of Frankfurt,...