23.10.2018

Did your business conduct any refurbishments or upgrades last year, or maybe bought new machinery or invested in technology?

 

If you are self employed or own a micro enterprise and would like to claim any costs that were incurred during 2017 that were related to the upgrading of business premises, investments in purchasing of machinery, motor vehicles and technology, as well as development and renovation of websites, amongst others, then this is your final chance to claim tax credit.

Microinvest

The final deadline, which happens to be the late submission deadline, that covers all cost incurred during last year is Wednesday 12th December. Eligible applicants will receive tax credit in 2019 that will be equivalent to 45% of eligible expenditure up to a maximum of €30,000.

Our partner company, Accounting Services Ltd will be able to handle your MicroInvest Scheme application to help your business successfully receive tax credits.

Detailed information about this scheme including the eligible capital investments and eligibility criteria can be found here.

For more information or to start processing your application, you can get in touch with Ms. Charlene Sciberras on csciberras@accountingservices.com.mt.