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Commentary

Appendix 30D: VAT reduced rates (Malta)

30 Malta

12% rate

With effect from 1 January 2024, a new reduced rate of VAT of 12% is applied in Malta to the following services:

  1. Ìý

    •ÌýÌýÌýÌý Custody (unless the said services qualify as VAT-exempt) and management of securities.

  2. Ìý

    •ÌýÌýÌýÌý Management of credit and credit guarantees by a person or body other than those who granted the credit.

  3. Ìý

    •ÌýÌýÌýÌý Short-term hiring of a pleasure boat to a person according to

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