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Insights
Stay ahead of the curve with our insights page, your go-to source for the latest industry insights and updates. Follow our blog for a curated collection of articles that delve into the trends shaping our industry landscape.
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The Importance of Internal Controls and a Robust Control Environment
Internal controls are essential for organizations to manage risks, safeguard assets, and ensure accurate financial reporting while maintaining compliance with applicable laws and regulations. They consist of policies, procedures, and practices implemented across the business to achieve these goals.
4 days ago2 min read
Analysis of Management Accounts and Cost Effectiveness
Management accounts play a pivotal role in the strategic decision-making process for businesses. These accounts provide vital insights into a company's financial health, helping managers to make informed decisions. However, simply generating management accounts is not enough. Understanding the key factors that influence them and developing strategies that optimise business operations is crucial for maximising profitability and efficiency.
May 73 min read
Unlocking Digitalisation Opportunities - New Digitalisation & Business Growth Schemes
The Government of Malta, through Fondi.eu, has introduced three new grant schemes aimed at supporting businesses in their digital transformation and operational expansion. These initiatives—Digitalise Your SME, Digitalise Your Large Business, and SME Enhance—offer non-repayable grants to businesses looking to innovate, improve efficiency, and enhance competitiveness in the digital economy, and supports digital solutions that drive business growth, transformation and resilienc
Apr 252 min read
Major VAT Changes for SMEs in Malta – Effective 2025
The Maltese government has announced significant changes to the Value Added Tax (VAT) system for small and medium enterprises (SMEs), set to
Apr 93 min read
The Role of the Compliance Officer in Malta
Malta, as a member state of the European Union, has established specific requirements for foreign nationals seeking employment.
Apr 32 min read
Work Permits in Malta
Malta, as a member state of the European Union, has established specific requirements for foreign nationals seeking employment.
Mar 253 min read
Group losses relief – Can a loss in one group company be used against profits of another group company?
Group loss relief arises when a company that is part of a group of companies incurs trading losses. Instead of carrying these losses forward
Mar 213 min read
ESG – The Way Forward
Let’s be honest—there’s a lot of uncertainty surrounding ESG (Environmental, Social, and Governance) reporting right now. Regulations are ev
Mar 182 min read
The Importance of Substance in Today’s Context: Understanding the Need for Substance
In an era of increased regulatory scrutiny and transparency, substance has become a critical factor in corporate structuring and tax plannin
Mar 53 min read
Navigating the Complexities of Opening a Bank Account
Opening a bank account has long been considered a straightforward administrative task.
Feb 172 min read
New Employment Agency Regulations Announced for 2024
Earlier this year, the Department of Industrial and Employment Relations (DIER) announced new regulations for employment agencies, which...
May 22, 20242 min read
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