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15 May – Deadline for COVID-19 Tax Deferral

15 May – Deadline for COVID-19 Tax Deferral

15 May 2020 is the deadline to apply for the deferral of May/June employee taxes, maternity fund payments, social security contributions and VAT.

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This is a reminder that 15 May 2020 is the deadline for the submission of the application for the deferral of employee taxes, maternity fund payments, social security contributions and Value Added Tax falling due in May and June 2020. The conditions for eligibility and the application can be accessed from the Commissioner for Revenue’s and Malta Enterprise’s* websites.

Should you have any queries or wish to discuss further, please send an email to covid@kpmg.com.mt.

*8.7.2020 - removed from the Malta Enterprise website since date of publication

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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.

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