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.
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 […]
Check out what our #GCSeers were up to last month in our brand-new newsletter.
Malta taxes individuals who are both domiciled and ordinarily resident in Malta on their worldwide income. Any person who is ordinarily resident in Malta but not domiciled in Malta is taxable only on income arising in Malta and on any foreign income remitted to Malta. Such persons are not taxable in Malta on capital gains […]
While companies should show appreciation towards their employees every day, it’s always nice to treat them extra special on Valentine’s Day. At GCS Malta, we decided to spread love throughout the office and show our #GCSeers how much we value them! The Strange History of Valentine’s Day Everyone in a relationship forks money on romantic […]
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Although the VAT treatment of aviation and shipping companies can be quite an intimidating topic, the accounts team at GCS Malta simplify matters in this article. Aircraft Treatment of VAT Companies within the aviation industry, i.e. companies that operate an airline, are subject to special VAT treatment. The following are all exempt with credit: The […]
Overview The last decade has seen Malta emerge as the undisputed front-runner in the regulation of the online gaming industry. As of the end of 2020, the number of companies licensed by the MGA, including online and land-based entities, stood at 323, holding 328 gaming licences and 357 game type approvals to offer various types […]
What is Customer Due Diligence? When applied and used appropriately, Customer Due Diligence (CDD) is argued to be the most effective and efficient due diligence process. It is the act of assessing your customers’ background to determine their identity and the level of risk they pose. This process involves the assessment of the customer’s name, […]
With the technological advancements over the years, we now live in an age where most of our activities involve the wider use of the internet. From online shopping to online courses, physical activities are now done over the internet, wherein each activity requires information to be secure. With the introduction of remote working due to […]