28.05.2025: Getting up to speed with recent and upcoming VAT updates

This session will discuss recent and upcoming VAT changes and their respective implications; both with
respect to the vat treatment to be applied as well as the impact on the VAT compliance obligations to be
fulfilled. As usual, participants will have the opportunity to ask questions relating to the said changes.
1 January 2025 VAT updates including:
- The transposition of the provisions of Council Directive (EU) 2020/285 (SME Directive) relating to
the Article 11 VAT Registration (Small undertakings/enterprises) and how this type of registration
changed with effect from 2025 including the introduction of the new sub articles 11A ("Special
scheme for small enterprises for supplies made within other Member States) and 11 B (Special
scheme for small enterprises for persons not established in Malta).
- The transposition of the provisions of Council Directive (EU) 2022/542 of 5 April 2022 (the Reduced
VAT Rates Directive) relating to the VAT treatment of interactive/live-streamed virtual events
- The implementation of the Budget measure relating to the VAT exemption on sanitary Items
- Other amendments to various other sections to the Maltese VAT Act including; Article 2
(Definitions), Article 4 (Scope of VAT), Articles 10, 12 and 13 (VAT Registrations), Article 17 (Tax
periods) and various Schedules to the Maltese VAT Act
2. CESOP - Central Electronic System of Payment information
3. 12% Reduced VAT Rates
4. Budget Implementation Act – Act 13 of 2024
5. LN 14 of 2024 - VAT on devices and aids for the disabled
6. Guidelines on VAT Exemption on other scheduled sea transport of passengers
7. Updated Guidelines Healthcare services
8. LN 228 of 2024 - New VAT Exempt psychotherapy and counselling professions & Dental prostheses
9. VAT in the Digital Age – VIDA Package