25.10.2022 Yesterday the Budget Speech 2023 was delivered by the Minister of Finance and Employment Clyde Caruana. Below you will find a summary of the Budget 2023 in relation to Economy, COLA and Property. Economy New one-stop-shop to assist startups establish themselves in Malta New business incubation centre Studies to set up of a venture…
20.10.2022 In most recent years many foreigners have been and still are relocating to Malta to start a business here. There are many reasons, benefits and advantages in doing so, some being: Malta is a cosmopolitan island located in a strategic location, it has a diversified economy, lots of sun and outdoor activities, the cost…
11.10.2022 Many people may think that bookkeeping and accounting are the same thing, however there is a difference between the two tasks, and this article will explore the key differences. Both bookkeeping and accounting share some common goals, and both support a business in different stages. If you are to compare both functions, one can…
04.10.2022 Payroll administration is an important aspect for any business that hires employees. Keeping all payroll records for employees is also an obligation for the business. Payroll is not just paying the employee for any time worked, but it also refers to salaries, bonuses, withheld taxes, National Insurance, overtime, time off and so on. This…