Insights

Malta's Remittance Basis of Taxation for Individuals

The EU General Court’s judgment in case T-646/24, delivered on 3 December 2025, clarified the application of the VAT simplification regime for triangular transactions within complex intra-EU supply chains. The case addressed whether this simplification, typically applicable to three parties (the ABC scheme), could also apply to chains involving four operators (a “quadrangular transaction”).

Many companies carry something incredibly valuable that never appears on their statement of financial position. It is not a building, a machine or a bank balance. It is the brand. For most successful businesses, the brand quietly drives demand, shapes perception and anchors customer loyalty, yet it remains an unrecognised asset.

As 2026 approaches, businesses are entering a period defined by rapid change, shifting regulatory expectations, and a maturing digital landscape that continues to reshape how organisations operate. The economic environment across Europe remains stable but cautious, with inflation easing yet cost pressures remaining present in many sectors. Companies entering 2026 must position themselves with a forward-looking approach that balances operational efficiency, sustainability, dig

One of the biggest hurdles in ESG reporting has always been data—collecting it across complex supply chains, ensuring consistency, and presenting it in a way that investors and regulators trust. With the EU’s CSRD and similar regulations demanding detailed, auditable disclosures, the stakes have never been higher. This is where Artificial Intelligence (AI) has entered the ESG conversation.

Over the past decade, Environmental, Social and Governance (ESG) has moved from a niche consideration to a mainstream business imperative. Companies now know that investors, clients, and regulators want more than just financial performance; they expect genuine commitments to sustainability. Yet, with ESG becoming a powerful marketing tool, the temptation to exaggerate or misrepresent environmental and social credentials has grown. This is where “greenwashing” enters the pictu

On the 17th October 2025, a new optional fiscal incentive applicable to specific employment income was introduced through legal notice 250 of 2025: the Senior Employees of Family Offices, Back Offices and Treasury Management Operations Tax Rules, 2025, providing for a reduced 15% tax rate on certain qualifying employment income. The rules apply with effect from year of assessment 2026 (income derived after 1st January 2025).

The rapid globalisation and digitalisation of the economy have fundamentally altered how businesses operate, often to the detriment of traditional tax systems. Multinational enterprises (MNEs), leveraging the ability to move capital and profits across borders, have utilised gaps in tax rules to shift profits to low-tax jurisdictions. This practice, known as Base Erosion and Profit Shifting (BEPS), has led to significant tax revenue losses for governments worldwide, particular

Fringe benefits, also referred to as payments-in-kind, encompass any benefit granted or considered to be granted due to an individual's employment or office. The circumstances regarded as fringe benefits, along with the method for valuing such benefits, are governed by the provisions set out in ‘The Fringe Benefits Rules’ under Subsidiary Legislation 123.55 (commonly known as the "FBR").

On the 11th September, AG Kokott delivered its opinion in the Lithuanian case involving the trading of in-game currencies, specifically Runescape gold.

On 11th September 2025, the AG issued its opinion on VAT cases that could have had an impact on how point systems (used a lot by supermarkets) are presently treated for VAT purposes:

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.

International Financial Reporting Standards (IFRS) are continuously changing providing better insights for how various types of transactions and events should be reported in the financial statements, enabling businesses to compare financial performance and position across borders. The applicability of IFRS will enhance a true and fair view leading to increased confidence among the stakeholders so it is important to keep up with any changes and developments in IFRS.

The Maltese government has announced significant changes to the Value Added Tax (VAT) system for small and medium enterprises (SMEs), set to

Malta, as a member state of the European Union, has established specific requirements for foreign nationals seeking employment.

Malta, as a member state of the European Union, has established specific requirements for foreign nationals seeking employment.

Group loss relief arises when a company that is part of a group of companies incurs trading losses. Instead of carrying these losses forward

Let’s be honest—there’s a lot of uncertainty surrounding ESG (Environmental, Social, and Governance) reporting right now. Regulations are ev

In an era of increased regulatory scrutiny and transparency, substance has become a critical factor in corporate structuring and tax plannin