Malta increase in VAT registration threshold
- Oct 20, 2020 | Richard Asquith
The Maltese government has announced in its 2021 budget plans to raise its Value Added Tax registration threshold.
It is proposing to increase the annual sales threshold for mandatory registration from €20,000 to €30,000. The change would apply from 1 January 2021.
Foreign businesses may not take advantage of the threshold; they must register from the first taxable sale.