Malta implements EU VAT Directive on electronic invoices
Malta has become one of the last of the 28 EU member states to implement the EU VAT Directive on electronic invoices. EU VAT Directive on Electronic Invoices The EC Directive 2006/112/EC which governs...
View ArticleMalta VAT 2014 changes approved
The Maltese budget for 2014 has been approved by Parliament. It includes a small number of changes to the VAT penalties and compliance regime, including: There will be no penalties for late filings of...
View ArticleMalta improves late VAT payment regime
The Maltese VAT authority is to lessen fines on late VAT payers, and improve communications with taxable persons looking to bring their non-compliant affairs up-to-date. The daily penalty for late...
View ArticleMalta no Mini One Stop Shop MOSS Invoices
Providers of digital services to consumers in Malta will not be required to provide VAT invoices in accordance with the usual VAT invoice disclosure requirements of the EU VAT Directive. The...
View ArticleMalta reduces VAT on e-books from 18% to 5% in 2015
Malta has become the latest EU member state to reduce the VAT rate on e-books, and harmonise it to the same 5% reduced VAT rate it applies to printed books. The reclassification from the standard Malta...
View ArticleMalta reduces VAT registration threshold to nil in 2015
The recently published Malta 2015 budget has cut the VAT registration threshold from €14,000 to nil. The VAT registration threshold is the amount above which an ‘entrepreneur’ must register with the...
View ArticleMalta
The rules on Maltese VAT registrations, returns and compliance are based on European Union EU VAT Directives which Malta has incorporated into its VAT Act. Malta introduced Value Added Tax in 1995....
View ArticleMaltese VAT registration
What are the Maltese VAT registration thresholds? There is no VAT registration threshold for non-resident companies providing taxable supplies in Malta. This means the first invoice should include...
View ArticleMaltese VAT compliance
What it the tax point for Maltese VAT? The tax point, or time of supply rules in Malta determine when the VAT is due. The VAT on a supply which takes place in Malta will be chargeable on the earlier of...
View ArticleMalta 2015 EU VAT e-services definitions
Following the 2015 EU VAT B2C electronic services changes, the Maltese government has published guidance on the definition of what characterized as an electronic service. The 2015 electronic services...
View Article