Malta Today

Malta’s VAT gap is sixth-highest in EU

Malta’s public finances depend heavily on revenue derived from VAT, making up 22.8% of government’s total tax revenue in 2018. But no government can recover all VAT revenue legally collectable, ...
Times of Malta

Malta registers highest 'VAT gap' increase in European Union

Malta lost an estimated €287 million of VAT revenues in 2019, according to a VAT gap analysis by the European Commission. The country’s VAT gap increase was the highest in the EU at 5.4 percentage ...
The Malta Independent

Malta has one of the highest VAT rates on restaurants across the EU - ACE

Malta has the sixth highest VAT rate on food in restaurants within the EU 27 members state, the Association for Catering Establishments (ACE) said in a statement. The association said that it is ...
Times of Malta

Forvis Mazars in Malta launches publication on VAT

Publication discusses aspects of VAT legislation and the VAT treatment of various situations Forvis Mazars in Malta has launched a publication entitled VAT Explained: A Practical Review of Aspects of ...
Malta Today

Malta’s big cab players owe millions in unpaid VAT

A number of Malta’s big players in the cab industry collectively owe millions to the taxman in unpaid VAT dating back years, MaltaToday has learnt. Sources told MaltaToday that a tax investigation ...
The Bookseller

UK isolated on e-book VAT as Italy and Malta cut rates

The UK is looking increasingly isolated in charging 20% VAT on e-books after two more European countries lowered their rates to be in line with print books. Italy has ruled that VAT on e-books will be ...