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Tax & VAT News
Latest news relating to Tax and VAT in Malta. Click below and contact us if you need any additional information.
Micro Invest Tax credits 2024 for companies
Companies are invited to apply for a tax credit calculated at a percentage of the cost of investments carried out in 2023.
Micro Invest Tax Credits for Self-Employed Individuals 2024
Individuals carrying on business on a self-employed basis are invited to apply for a tax credit calculated at a percentage of the investments carried out in 2023.
Upcoming 30 April deadlines
The Commissioner for Tax & Customs provides a reduced beneficial rate for certain types of income. There are specific forms which need to be submitted to the Malta Tax & Customs Administration together with the respective tax payment by not later than 30 April 2024.
Start-up Enhance
This incentive seeks to support Start-ups through non-repayable Grants to part-finance investments in tangible and intangible assets contributing to potentially improve the productivity of the enterprise.
Digitalise your Micro Business
This incentive seeks to assist Micro Enterprises through non-repayable Grants to part-finance investment to digitalise their operations, and hence improve their resilience, efficiency, productivity and customer experience by addressing new digital capabilities and digitalised processes such as product and process design and engineering, end-to-end procurement, supply chain/distribution and after sales.
SME Enhance (GBER)
This incentive seeks to support SMEs through non-repayable Grants to part-finance investment towards expansion, diversification, innovation of the operations and initial investment, aimed at potentially improving the productivity of the enterprise.
SME Enhance (de Minimis)
This incentive seeks to support SMEs through non-repayable Grants to part-finance investment towards expansion, diversification, innovation of the operations and initial investment, aimed at potentially improving the productivity of the enterprise.
INNOVATE - Innovation Aid for Small and Medium Sized Enterprises (SMEs)
On 18 January 2024, Malta Enterprise published a new set of guidelines for the INNOVATE - Innovation Aid for Small and Medium Sized Enterprises (SMEs) Scheme, which measure will be open until 30 October 2026.
The Exploring Research Grant Scheme
On 16 January 2024, Malta Enterprise published a new set of guidelines for The Exploring Research Grant Scheme, which measure will be open until 30 October 2026.
The Skills Development Scheme
On the 23 January 2024, Malta Enterprise published a new set of guidelines for The Skills Development Scheme, which aims to encourage businesses to invest in their employees by providing assistance on training to have a knowledge-based workforce. This measure will be open until 30 September 2026.