Support For Businesses Impacted By Covid-19

Covid-19 presents one of the largest threats to our society and our economy in our lifetime, a threat no business operating in Malta will have planned for.

In the light of this, during a Press Conference held on 14 March 2020, Prime Minister Robert Abela announced a number of measures that have been deployed to support the economy, with particular focus on the most impacted industries including tourism, hospitality, recreation, transport and some manufacturing sectors.

The first package of economic measures are aimed at supporting employers and the self-employed from a cash flow perspective, focusing on the postponement of provisional tax, VAT and social security contributions (national insurance) for March and April 2020. All tax forms, however, are to be submitted in line within normal statutory deadlines. It was also announced that businesses who have invested in teleworking schemes will be granted refunds relative to same and that Government will also