Main Laws in Malta that will affect your business!
Are you in the research stage before starting your business or perhaps just opened your doors? Then ensure you are aware of the various laws and regulations that may either…
Action and Procrastinating: How to achieve your goals and stop procrastinating.
Action and Procrastinating. We’re all guilty of this deadly sin. It eats away our precious time and prevents us from achieving our goals.We want to watch TV, hang out with…
5 professional life hacks for a more efficient way to run your business.
Have you ever wondered how people you know like fellow business owners, high performing friends and clients achieve so much success in so little time? It’s not because they have…
Things you don’t realize are hurting your business
In the business world, what you do can also secretly hurt your business rather than move you forward. Read the below and take a few minutes to think about whether…
VAT Exempt (ART11) – Three deadly Mistakes beginners make
1. Better off with being VAT Exempt Are you really better off? This depends mostly on two important factors a. Who your lovely clients are. b. What expenses will you…
Everyday Common Key Words that Start-ups in Malta must know
Everyday Common Key Words that Start-ups in Malta must know. And realise that any business is secretly also a tax collector! Remember this basic formula: GROSS AMOUNT minus VAT equals…
ASSET DEPRECIATION RATES MALTA
ASSET DEPRECIATION RATES MALTA One common question is “What on earth is Depreciation how it affects my business?” For income tax purposes, this occurs when one buys an “Asset”. for…
VAT (Malta): Why registering under Art 11 might be a “shit” choice for your business!
VAT (MALTA) Why registering under Art 11 might be a “shit” choice for your business! "Qis mitt darba u aqta’ darba” - Maltese proverb which more or less means “measure multiple…
VAT FOR BEGINNERS – ANOTHER THREE DEADLY MISTAKES TO AVOID
1. Using VAT collected as a short term overdraft…. but not budgeting for Cash flow later on. As mentioned before, VAT is not truly an expense for yourself. (Debateable if…
VAT Exempt (Art11) vs Charging VAT ( Art10)
VAT Exempt (Art11) vs Charging VAT ( Art10) Will you opt for less hassle or more profit and cashflow? Pros of being VAT Exempt Easy to start with Only one…