VAT number now also required for businesses with turnover below €7,000

Businesses whose taxable or exempt with credit supplies did not exceed an annual turnover of €7,000 prior to 31st December 2014 were not required to register for VAT or were de-registered by the Commissioner. This exemption has now been revoked with effect from the 1st January 2015 implementing one of the 2015 Budget measures of the Government of Malta.  By the 30th June 2015 all businesses that provide such goods or services of whatever turnover value must be registered for Value Added Tax (VAT).

An application form or a request for reactivation for VAT number form, as the case may be, is to be submitted to the VAT Department without delay.

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Comments
  1. Glenn says:

    I built my first home and I want to know if it impossible to get my VAT back?

    1. Rolan says:

      Contact the VAT department regularly on Freephone 153 for any scheme that may be announced from time to time.

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