Effective 1 October 2026 Legal Notice 86 of 2026, substitutes item 9 of Part Two of the Fifth Schedule to the Value Added Tax Act (Cap. 406) with effect from 1 October 2026. The amendment significantly narrows the VAT exemption without credit available to the gambling sector. Previously, the exemption covered: “Government lotto and lotteries, the […]
From 1 January 2026, eligible self-employed parents may take four months of parental leave for each child before the child reaches eight years of age. A maximum of eight weeks will be paid through the Department of Social Security. How the leave works The first two months (eight weeks) are paid and cannot be transferred […]
Effective 29 June 2026 The former Wage Regulation Orders (WROs) have been replaced by the new Conditions of Work Regulations, introducing a number of important changes affecting employees across different sectors. Below is a summary of the principal changes. Minimum Wage The previous age-based minimum wage rates have been replaced by a single minimum wage […]
Important amendments to Malta’s Beneficial Ownership Regulations were introduced by Legal Notice 184 of 2026 and came into force on 10 July 2026. The amendments introduce additional reporting requirements, a simplified regime for certain ownership structures, and the new Form BO4. Companies should review their ownership and control arrangements during the six-month transitional period ending […]
Payroll is an essential part of running any business. However, managing payroll internally can require significant time and resources, while businesses must also ensure that employees are paid accurately and that their obligations under applicable employment and taxation requirements are met. Outsourcing Payroll can help businesses reduce this administrative burden while benefiting from the experience […]
Digital transformation continues to reshape the way businesses operate, helping them become more efficient, competitive and resilient. Through the Digitalise Your SME Grant Scheme, eligible SMEs can benefit from grant funding to support investments in digital technologies, making it easier to modernise operations while reducing the overall cost of implementation. Whether your business is looking […]
The new Micro Invest Guidelines have been published, introducing significant improvements for businesses planning eligible investments between 2026 and 2030. Below we highlight the main updates and what they may mean for your business. 1. Higher Tax Credits Available Under the new scheme, the aid intensity has increased to: Up to 65% for businesses operating […]
As part of the government’s budget release for 2026, a range of new payroll measures have been outlined that will impact both employers and workers. The updates focus on revisions to income tax thresholds, planned wage rate increases, and changes to statutory contributions such as pensions and social insurance.Below you can find a summary of […]
In December 2025, by means of the publication of Legal Notice 286 of 2025, Malta has brought into force the amendments to the Companies Act (Cap. 386 of the Laws of Malta) (the “Act”), which were introduced by the publication of Act No. XVIII of 2025 earlier in 2025.One of the most important amendments included […]