Insights

25 years ago, the Maltese Parliament enacted the Value Added Tax Act. This ‘anniversary’ passed by unnoticed. COVID-19, rightly so, is taking centre stage. Back then, it was a time...

Would it be news if we had to tell you that you are able to reclaim back input tax incurred locally on costs used in the furtherance of your business? If you are a person who carries on or intends to carry...

Download: VAT APPEALS This May marks the eight year since the commencement of the hearing of VAT appeals cases by the Administrative Review Tribunal instead of the VAT Appeals Board. The terms of reference of this Tribunal are laid down in...

Download: VAT Newsletter Q1 2020 Dear Subscriber,Due to the Covid-19 pandemic, the offices of Zampa Partners are on lockdown to safeguard the safety and well-being of our staff and their...

On March 11, 2020, the World Health Organisation (WHO) officially declared that COVID-19 can be characterised as a ‘pandemic’. A pandemic is a strong, exceptional form of epidemic, in terms...

Shipping companies registered under the Commercial Partnerships Ordinance or shipping companies which have elected to be governed by the Companies Act shall be so defined as a company whose objects...

As discussed in a previous article, under IFRS 16 ‘Leases’, the lessee capitalises lease transactions as a right-of-use asset and a corresponding lease liability, unless the transactions relate to short...

Download: VAT Newsletter Q4 2019 Contents Local news European news Update of ECJ decisions 1 Local news 1.1 VAT Guidance Notes by the Commissioner for Revenue On 9th...