Persons opting to submit the VAT return manually for the period December 2019 to February 2020 are required to do so by 15 April 2020. Should you require any assistance with the completion and submission of the VAT return, please contact us on taxenquiries@fenlex.com.
In light of the recent events surrounding the COVID-19 outbreak and recent announcements made by the Prime Minister in relation to aid made available to employers, business owners and self-employed people, whose trade has been most affected by a coronavirus-sparked drop in economic activity will have all tax and social security payments due for March and April postponed. The payments will instead be deferred to a later, as yet undefined date.
According to the Prime Minister the businesses eligible for the payment holiday are those engaged in tourism, hospitality, recreation, transport and some manufacturing sectors.
In addition, companies that have invested in teleworking systems would also be eligible for a 45 per cent refund of up to €500 for each worker. For further information, kindly contact us on taxenquiries@fenlex.com
Persons opting to submit the VAT return electronically for the period November 2019 to January 2020 are required to do so by 22 March 2020. Should you require any assistance with the completion and submission of the VAT return, kindly contact us on taxenquiries@fenlex.com
Persons registered under Article 11 are required to submit a declaration instead of a VAT return. Such registrants are required to submit the declaration for the period January 2019 to December 2019 by not later than 15 March 2020. Should you require any assistance with the completion and submission of the VAT declaration, please contact us on taxenquiries@fenlex.com.
Persons opting to submit the VAT return manually for the period November 2019 to January 2020 are required to do so by 15 March 2020. Should you require any assistance with the completion and submission of the VAT return, please contact us on taxenquiries@fenlex.com.
Persons opting to submit the VAT return electronically for the period October 2019 to December 2019 are required to do so by 22 February 2020. Should you require any assistance with the completion and submission of the VAT return, kindly contact us on taxenquiries@fenlex.com
Persons who hold an Article 12 VAT Registration will no longer receive an Annual Declaration for the year 2019 as such form must now be filed online. The submission deadline for such form is 15 February 2020. Should you require any assistance with the completion and submission of the VAT Declaration and Notice of Payment, kindly contact us on taxenquiries@fenlex.com.
Persons opting to submit the VAT return manually for the period September 2019 to November 2019 are required to do so by 15 February 2020. Should you require any assistance with the completion and submission of the VAT return, please contact us on taxenquiries@fenlex.com.
Amanda Abela, who works as a senior tax accountant in the Tax Compliance Department at Fenlex Corporate Services, has been appointed as a Committee Member of the Malta Institute of Accountants (MIA) Indirect Tax Committee for the term 2020-2021. The MIA Indirect Taxation Committee is responsible for identifying, interpreting and guiding MIA members on indirect tax legislation of current and prospective relevance to warrant holders. The Committee monitors development at EU level and develops guidance accordingly as well as participates in consultation requests issued by the Government or Governmental bodies. The Committee is also tasked with keeping MIA members informed of any significant developments in Indirect Tax developments.
Persons opting to submit the VAT return electronically for the period September 2019 to November 2019 are required to do so by 22 January 2020.
Should you require any assistance in preparing or submitting your VAT return, kindly contact us on taxenquiries@fenlex.com