As announced in the Budget for 2021 the turn-over threshold under which service providers remain eligible for registration under article 11 has been increased from €20,000 (high value added) and from €24,000 (low value added) to €30,000 in a period of 12 calendar months.
The purpose of this explanatory note is to explain the impact of this change on the affected taxable persons.
Source gov.mt
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