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Deferral of Tax Payment

Tax and social security payments due for March and April for businesses hit by the coronavirus pandemic have been postponed.

All eligible taxes (Provisional tax, Employee taxes, maternity fund payments and social security contributions, social security contributions of self-employed persons and Value Added Tax) which have benefited from a deferral in terms of this measure must now be settled by 31 October 2020.

This payment deadline applies to all eligible taxes which have been deferred, irrespective of any settlement date/s previously announced under the scheme.

Contact us for further assistance

If you need further assistance with regards to this incentive kindly get in touch with our experienced tax team by contacting our Tax Director, Kristine Attard, on kattard@ksimalta.com for further details.

 

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