- The Maltese Official Gazette published Act No. XXXVIII/2024 on December 17
- The VAT Amendment Act 2024 includes several measures
- Updates the acquisition threshold schedules for VAT
- Aligns taxation and registration requirements with EU Directive 2006/112/EC
- Establishes a special regime for small enterprises in Malta, other EU states, and for non-established persons
- Sets the process for cancelling and re-registering for VAT
- Clarifies that a registered person’s first tax period starts on the date of registration
- The law will be effective from January 1, 2025
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Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
