Deferral of Tax Payments
Tax and social security payments due for March and April for businesses hit by the coronavirus pandemic have been postponed by two months.
Who can apply?
Enterprises and self-employed are eligible to this incentive which gives a two-month extension to pay Provisional Tax, VAT and National Insurance Contribution on Salaries. This will apply for taxes owed till end of April.
All tax forms should be submitted according to normal deadlines. The incentive is primarily aimed, but not limited to, the tourism and hospitality, entertainment, transport and manufacturing sectors that are being affected by COVID-19.
Who is excluded?
Companies and self-employed that have not complied with their tax obligations falling due by 31st December 2019
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 email@example.com for further details.
The Government of Malta has introduced a new scheme to support businesses (including partnerships and self-employed individuals) to invest in technology that enables teleworking.
How much is the grant?
The cash grant covers up to 45% of the eligible cost and shall be limited to €500 per teleworking agreement and €4,000 per undertaking.
Who is eligible?
This call is eligible for costs incurred between 15th of February and 8th May 2020.
To be eligible, the employee shouldn’t have had an active teleworking agreement before 15th February 2020. All costs have to be incurred after this date.