VAT Compliance Obligations & Penalties

The session will focus on the main VAT compliance and other obligations, and the respective implications if not fulfilled, including:

• VAT Chargeability - Who is obliged to charge Maltese VAT;
• VAT Registrations - Who is obliged to register for Maltese VAT;
• VAT Compliance - Who is obliged to file which VAT Forms;
• VAT Refunds - What criteria need to be satisfied to claim back input VAT;
• VAT Documentation - Which are the documents to be issued/retained.

During the session background information will be provided and also am explanation of other provisions which are connected to the said obligations for a better understanding of the overall implications. Active participation and questions from attendees will be encourages to make the session more interesting and relevant for the needs of those attending.

The Speaker

Saviour Bezzina is the manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance and lectures regularly on VAT and indirect tax matters. Saviour was awarded the 2007 MIA prize as the best student who graduated in the Bachelor of Accountancy (Hons) Degree Course Group 2004/2006.