The Malta 2024 Budget Highlights were published on the 30th of October 2023. This year’s budget emphasizes extensive incentives and increased benefits to boost economic growth, enhance social welfare, and improve citizens’ quality of life. Click here to view our budget highlights.
When discussing diversity in the workplace, we mean the representation and inclusion of people from different backgrounds, it includes appreciating the many viewpoints, experiences, and contributions that each employee brings to the table. Here are some key aspects to consider when fostering diversity in the workplace: Educate: Provide workshops and seminars for employees to attend […]
Deferred tax typically results in a liability being recognised within the statement of financial position. IAS 12 defines a deferred tax liability as the amount of income tax payable in future periods regarding taxable temporary differences. So, in simple terms, deferred tax is the tax that is payable in the future. Temporary differences are differences […]
Creating a successful corporate TikTok marketing strategy requires a slightly different approach than other platforms. We listed steps to help you develop an effective corporate TikTok marketing strategy: Recognise your target audience on TikTok by learning about their interests and demographics. Although most of TikTok’s users are young, it’s still essential to determine whether your […]
The well-being of remote workers Remote working has many benefits to employees: there is no need for commuting, which saves a lot of stress and costs, and there is also increased flexibility. Unfortunately, there are also downsides to remote working. The main struggles are isolation and work-life balance, which can affect one’s well-being. How can […]
During the audit, the auditor needs to obtain audit evidence that is sufficient and appropriate to provide a reasonable basis for their opinion on whether the financial statements give an accurate and fair view of an entity’s financial position and performance by applicable regulations. Confirmations are one type of external audit evidence that the auditor […]
The accrual accounting system, which records revenues and expenses when they are generated or incurred rather than when cash is received or paid, includes accounting for accruals and prepayments as a critical component. This guarantees a more accurate portrayal of a business’s financial situation and performance. Let’s look more closely at accruals and prepayments: What […]
The digital marketing world is constantly progressing, and marketers must stay updated with the ever-changing and emerging trends. You can use various tools to take your digital efforts to the next level. The marketers at GCS Malta discuss several digital marketing tools to use in 2023 in this article. 10 Tools to add to your […]
International Women’s Day arrives once every year on the 8th of March. It’s a time to celebrate women’s achievements, demand equality and fight for fundamental rights and freedoms. What is International Women’s Day? Every year on 8 March, International Women’s Day is celebrated to honour women’s accomplishments and advocate for positive change in the lives […]
According to the World Health Organization (WHO), stress can be any form of change that causes physical, emotional, or psychological strain. Contrastingly, stress management is the broad spectrum of techniques to control one’s stress levels. Managers must understand the importance of managing stress to prevent employees from burning out. The HR experts at GCS Malta […]