Registration Time: 13:15
Sessions Time: 13:30 - 15:30  including a 15-minute break
Speakers: Mr Brandon Gatt, Dr Valentina Bruno
Venue:   Online Webinar

Participation Fees 
MIA Members: €28.00

Non-MIA Members: €50.00

Retired Members: €15.00

Students: €20.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The VAT exemption for financial services has been part of EU VAT law since its inception and was carried forward into Council Directive 2006/112/EC without major updates. However, this long-standing provision has become increasingly outdated in light of today’s complex and evolving financial products. This mismatch has led to considerable uncertainty and a growing body of cases from the Court of Justice of the European Union (CJEU) aimed at clarifying how the exemption should apply.

Objectives of this session

This session aims to equip participants with a clear understanding of the VAT exemption for financial services, its legal basis, and how it is interpreted in practice. By exploring key CJEU rulings, this webinar will clarify the scope of the exemption, its limitations, and the impact on input VAT recovery, providing valuable guidance for accurate application and compliance in today’s complex financial landscape.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

• Background information into the financial services sector
• The 5-step methodical approach

• Article 135 (1) (b-g) of Council Directive 2006/112/EC

• Item 3 of Part Two of the Fifth Schedule of the Malta VAT Act

• Input VAT Recovery with regards to financial Services such as the partial attribution ratio

Why is the session of relevance to our members?

This session is ideal for tax advisors, accountants, legal professionals, and finance specialists working with or advising on VAT in the financial sector. It also benefits those seeking to deepen their knowledge of VAT exemptions and ECJ jurisprudence affecting modern financial products together with the eligibility for input VAT recovery.

Target Audience

This session is ideal for tax advisors, accountants, legal professionals, and finance specialists working with or advising on VAT in the financial sector. It also benefits those seeking to deepen their knowledge of VAT exemptions and ECJ jurisprudence affecting modern financial products together with the eligibility for input VAT recovery.

Speakers's Profiles

Brandon Gatt is a Partner at Zampa Partners, leading the firm’s VAT practice. With over a decade of experience advising local and international clients, Brandon has built a reputation for delivering technically robust and commercially grounded VAT solutions across complex sectors, including Gaming and Financial Services.
He is one of only two Maltese professionals to hold the prestigious EU VAT Expert Degree awarded by the VAT Forum, an international body of indirect tax specialists. A regular lecturer on VAT matters at recognised institutes, Brandon also provides in-house training to established businesses and contributes to the Indirect Tax Committees of both the Malta Institute of Accountants and the Malta Institute of Taxation.
Brandon’s mindset is grounded in building trusted relationships through open communication, both with clients and within his team. He holds himself to high standards in every aspect of his work and strives to positively influence those around him, professionally and personally.

Valentina Bruno is a lawyer by profession who graduated from the University of Malta after completing a Master of Advocacy in 2023. She joined Zampa Partners in 2021 as a VAT intern and now forms part of the VAT team as a VAT Associate. Valentina obtained her warrant to practice as a lawyer in front of the Courts of Malta and is currently enrolled in the VAT Expert Degree Course. Valentina is also currently reading for a Master of Arts in Law at the University of Malta. She is also one of the tutors at Zampa Partners Academy. 

EVeNT CPE COMPETENCies

2  Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

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Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.