Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
HSBC Malta warns card transactions may still ‘occasionally’ be declined despite resumption of services
It announced an upgrade to its card systems at the start of February
Finance Minister Clyde Caruana explains accounting behind cash grant for all, costing €70 million
A lower than expected deficit in 2021 allowed room for manoeuverability
MFSA revokes licence of financial services firm at centre of Venezuela sanctions-busting investigation
Portmann Capital Management has had previous brushes with the law
EU Court denies Pilatus Bank request for licence reinstatement
The bank's licence was suspended by the European Central Bank in 2018
COVID-19 Guarantee Scheme extended to June 2022
The European Commission is allowing further state aid up to 30th June
What are Malta’s businesses expecting over the next three months? Central Bank survey sheds light
Labour shortages and cost pressures remain a concern
Rise in food prices sees inflation reach new highs in December 2021
Inflation reached 2.59% in December
Global minimum corporate tax: Clyde Caruana wants Malta’s concerns to be heard
He spoke during a European Council ECOFIN meeting
Joseph Caruana to replace Marvin Gaerty as Commissioner for Revenue
The change comes as the Government redoubles its efforts to clamp down on tax cheats
Maltese investment fund industry sees massive growth despite reputational uncertainty
Net assets held in Malta-registered funds grew by 23.4% in the first half of 2021
Bolt announces largest-ever funding round of €628 million
Part of funding will be used to expands operations in Malta
Institute of Financial Service Practitioners launches course for corporate service providers
'Anyone providing CSP services must be knowledgeable about the industry and thoroughly versed in best practices,' says IFSP President
Banking: Cash deposits may take three days to clear while cheque clearing extended to six days
New rules came into force to give local banks leeway as COVID disruptions bite
Compliance: from challenge to business enabler
United explains how it supports companies pursuing goals in an increasingly demanding compliance landscape
On 10th December, the Malta Financial Services Authority fined 15 companies a total of €44,575
This Christmas Eve, it slapped Insignia cards with a whopping €142,000 fine