2 November 2023
Malta has introduced a new reduced VAT rate of 12%, and the new rate applies from 6 October 2023, when the change was gazetted. The new rate applies to:
- Certain credit and credit guarantee management services
- Certain health care services
- Hiring of pleasure boats; and
- Securities custody services
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
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