As announced in the Budget for 2021 the turn-over threshold under which service providers remain eligible for registration under article 11 has been increased from €20,000 (high value added) and from €24,000 (low value added) to €30,000 in a period of 12 calendar months.
The purpose of this explanatory note is to explain the impact of this change on the affected taxable persons.
Source gov.mt
For other articles on VAT registration thresholds in Malta, click HERE
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