Malta is a full member of the European Union and consequently it forms part of the EU VAT system and has also adopted the relevant VAT directives. In Malta the standard VAT rate is 18%, but there are other reduced rates for certain supplies.
At Parker Russell Turner, we ensure that all our clients are compliant with local VAT legislation. We also liaise with foreign jurisdictions and foreign VAT practitioners when our clients need to be VAT registered abroad for their international trading requirements.
As part of our VAT advisory services, we assist clients during VAT investigations and when their accounting records need to be verified.