VAT News

Malta-VAT grouping

The Maltese tax authorities have announced that with effect from 1 June 2018, VAT grouping will be permitted under Maltese VAT legislation.

Eligible groups of entities will be permitted to form VAT groups subject to conditions being made. At least one group member must be licensed by the Malta financial service authority, or by the Malta gaming authority, and all members must have a Maltese establishment.

The effect of VAT grouping is that supplies made between group members are disregarded for VAT purposes, and a single periodic VAT return is filed by the representative member of the group. Each entity within the VAT group is jointly liable for payments of the group's VAT liability.

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