The official notice with the details of the COVID-19 wage supplement has been published in the Malta Government Gazette of 13 April 2020.
The official notice with the details of the COVID-19 Wage Supplement has been published in the Malta Government Gazette of 13 April 2020. The notice is split in eleven sections giving details on (1) the definitions of key terms like ‘employee’, ‘employer’ and ‘self-employed person’, (2) the applicability of the scheme, (3) the scheme itself i.e. the benefits, (4) National Insurance Contribution and Income Tax, (5) payment of funds, (6) manner of application and supporting documents, (7) rights to publish information, (8) validity of application, (9) appointment of Malta Enterprise to manage the scheme, (10) offences related to the scheme, and (11) amendments to the scheme.
Worth noting are the following provisions, some of which are clarifications;
Should you have any queries or wish to discuss further, please send an email to email@example.com.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
© 2020 KPMG, a Malta civil partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.