RSM Malta
6 January 2021

Covid Wage Supplement Scheme 2021

The Covid Wage Supplement Scheme has been improved to not only safeguard current jobs but also to encourage further business growth. The Scheme introduced the following improvements:
19 November 2020

Clarifications to the Consolidated Group Rules

The Office of the Commissioner for Revenue (“the CfR”) has issued a number of clarifications in relation to Subsidiary Legislation 123.189 Consolidated Group (Income Tax) Rules (“the Rules”). 
5 November 2020

Construction Industry Scheme

The Construction Industry Scheme encourages operators to scrap and replace old machinery and equipment with new machinery and/or equipment that generates less environmentally harmful emissions. Eligible applicants include companies, partnerships,...


4 November 2020

Use of Electronic Signatures permitted by MBR

The Malta Business Registry (MBR) has issued a Notice on the use of Electronic Signatures.
28 October 2020

Economic Impact Assessment on Tax Challenges Arising from Digitalisation

On the 20th October 2020, the OECD hosted a webinar relating to tax challenges arising from the digitalisation of the economy as part of the BEPS inclusive framework.
20 October 2020

Malta Budget 2021 - Towards a Sustainable Economy

Overview of the budget Follow this link to download the highlights of the Malta Budget 2021 speech: rsm_budget_2021.pdf
30 September 2020

White Paper from the U.S. Government on Schrems-II Decision

In its effort to assist organisations assessing whether their transfers of personal data from the European Union (EU) to the United States (U.S.) offer an adequate level of protection in light of the recent challenges posed by the Schrems-II...
4 September 2020

Rent and Electricity Refund Scheme

The Rent and Electricity Refund Scheme (the ‘Scheme’) aims to help undertakings who are benefitting from the COVID Wage Supplement and listed under the NACE code categories - Annex A, B and C updated on 1st July 2020. The Scheme aims to support...
25 August 2020

Deadline to Apply to be a Fiscal Unit Extended

The deadline for applying for fiscal unity in respect of Year of Assessment 2020 as had originally been laid down in the Guidelines in relation to the Consolidated Group (Income Tax) Rules is
24 August 2020

Extended Tax Payment Deadline for Fiscal Units

The Commissioner for Revenue has notified that with effect for Year of Assessment 2020, where companies opt for a tax consolidation, the tax payment deadline for the fiscal unit shall be eighteen months following the end of the accounting period,...