Insights

The second edition of our 2025 VAT Newsletter is out now! Stay ahead with our expert insights into the latest VAT developments across Malta and the EU.

Advance Provisioning Allowance (APA) in yacht chartering is not automatically liable to VAT. Drawing on the CJEU’s BUPA judgment, VAT only becomes chargeable when the underlying supplies are precisely identified - reinforcing the need for clear, itemised provisioning records.

Technical knowledge in VAT is vital, but it's only part of the story. In this article, we explore why curiosity, commercial awareness, and asking the right questions often matter more than simply knowing the legislation. When the nature of the transaction is unclear, applying the right VAT treatment becomes a guessing game. Here’s why understanding the business model is the true starting point of effective VAT advisory.

The British Library openly shared information about a cybersecurity incident, including the vulnerabilities that were exploited and the impact on their systems. Their approach provides a rare opportunity to examine the incident in detail and assess how stronger cybersecurity leadership - such as having a CISO, could have mitigated or even prevented the breach.

The VAT landscape in the EU is about to change significantly. With reforms under the ViDA package kicking in from 2025, businesses will face new obligations around e-invoicing, digital reporting, platform rules, and VAT registration. At this stage, it’s important to be aware of what’s coming, and how it could affect your operations.

How do Transfer Pricing adjustments affect VAT? The answer isn’t always clear. As regulations evolve, understanding the economic substance behind intra-group transactions is more important than ever. Discover why tax professionals are paying close attention and what your business needs to know.

In Malta’s corporate framework, the company secretary plays a role that is not only legally mandated but also essential to maintaining sound corporate governance. As stipulated in Article 138 of the Companies Act (Chapter 386 of the Laws of Malta), the appointment of a company secretary is compulsory for all companies, whether public or private.

Far from simply installing firewalls and antivirus software, a modern CISO leads holistic cybersecurity efforts that align with organisational objectives, regulatory requirements, and evolving market pressures.