In order to help minimize the effect of the current instability in relation to COVID-19, the Government of Malta is issuing the following incentives for business. These incentives along with the application process shall be handled by Malta Enterprise. 

1.  Tax Deferral Scheme: Eligible Taxes for such scheme are;

• Provisional tax,

• employee taxes,

• maternity fund,

• payments and social security contributions,

• social security contributions of self-employed persons and

• value added tax.

Eligible taxes which fall due in March and April 2020. 
Complete and submit an online application form by 14th of April 2020.

2.   Facilitation of teleworking activities

All undertakings irrespective of size and sector, Employers who incur eligible telework expenses , the role of the employee must addressed through teleworking, a formal teleworking agreement must be in place that connects to the work place via a VPN (or similar) solution. Eligible for costs incurred between 1st March and 30th March 2020.

Support includes:

• A cash grant shall be awarded against 45% of the eligible cost which are the following:

• • Purchasing and/or leasing of computer hardware (included operating systems) which are considered portable including installation and setting up of connectivity software.

  • Communication solutions (hardware and software) that allows different users to connect to their place of work (VPN, Point-to-point connection etc.)

• The total support is capped at €2,000,000 and limited up to €500 per teleworking agreement and €4,000 per undertaking.

• The de minimis regulation limits the total support per single undertaking to €200,000 undertaking over a period of three rolling fiscal years, and to €100,000 for undertakings engaged in Road Freight Transport.

• Costs supported under this measure may not be claimed from MicroInvest.

The call is being extended till 8th May 2020.

3.    Quarantine Leave

• Businesses who have employees on mandatory quarantine shall receive a grant of €350 per employee.

• Application will be online from Wednesday 25th March 2020 on the Malta Enterprise.

More information will be provided by Malta Enterprise in due course.

As a reminder the MIA is here to facilitate matters with regulatory bodies, so any queries MIA members can be forwarded to technical@miamalta.org, collated by the MIA and forwarded to the respective bodies.