Hannah Farrugia Gouder, Deborah Briffa, and Lacey Aquilina from the Accounts Department, together with Letizia Grech Seychell, Mirraine Zammit, Claudine Graham and James Aquilina from the Tax Department, will be attending the Fiscal SOS Yachting Training on 16 February. The session will focus on key VAT and regulatory updates for the 2026 charter season.
This week, our Head of Tax, William Cassar, took part in the MMLA seminar on “Key Insights on VAT & Yachting Transactions”. William moderated sessions on Intrastat Reporting and led an engaging VAT Q&A alongside Mr Nico Sciberras, Director of Indirect Tax at the Malta Tax & Customs Administration.
On Tuesday 28 October, our Head of Tax, William Cassar, will be participating in a seminar organised by the Malta Maritime and Law Association (MMLA) titled ‘Key insights on VAT & Yachting transactions’. He will be moderating and speaking during the sessions on Intrastat & Reporting with NSO Representatives, and the General VAT Q&A discussion. … Continued
As of 1 January 2024, Malta has introduced a reduced VAT rate of 12% on certain services, including the short-term hiring of pleasure boats, subject to specific conditions. This new rate applies to charters of up to five weeks in a 12-month period to the same person, providing a significant tax benefit for eligible charters. … Continued
We will be covering the 2025 Malta Budget, providing insights and analysis on the key takeaways that matter to you. Stay tuned for updates on how the latest budget impacts your business, finances and Malta’s economic landscape!
William Cassar, Head of Tax, explores how VAT registered persons established in the EU can recover VAT under the 8th Directive, in a recent publication by the Sunday Times of Malta.
Following the introduction of Legal Notice 231 of 2023, the Malta Tax and Customs Administration (MTCA) has today published Guidelines on the special 12% VAT rate applicable to the hiring of pleasure yachts. The 12% VAT rate, which came into effect on 1 January 2024, applies to several services, including the hiring of a … Continued