Mazars workshop on Incentives and Fiscal Aids to Business

The first 2017 event in the ‘Made Simple, by Mazars’ series

Mazars Malta, a member firm of international audit and advisory group Mazars, will be organising the first of its 2017 series of information sessions entitled Made Simple, by Mazars on 2 March. The focus of the workshop, which will be held at the Royal Malta Yacht Club, will be ‘Incentives and Fiscal Aids to Business: All that you should know’.

The aim of the Made Simple, by Mazars sessions is to make it possible and convenient for end-customers to receive practical information from professionals, particularly from the fiscal, financial and regulatory perspectives, which can help them make the right decisions for their business and for their own personal well-being. This initiative is in line with Mazars Malta’s business advisory mission and its reputation as a provider of personal services and quality advice.

The workshops will be presented by experts from Mazars’ management team, and will generally adopt a very hands-on approach. During the forthcoming session, participants will be informed about, and given guidance on, incentives and fiscal aids to business, including the Micro Invest Tax Credit Scheme, the Investment Aid Tax Credit Scheme and applicable Business Enhance ERDF Grant Schemes, as well as legal provisions for tax deferrals on Group Re-organisation.

Commenting on the topic of this workshop, MAZARS Malta partner Paul Giglio explained: “Maltese laws and regulations cater for various incentives and fiscal aid measures meant to support businesses. These can either take the form of tax credits, tax exemptions, tax deferrals or cash grants. While some of these incentives require pre-application, others can be claimed once the tax return has been submitted to the tax authorities. Irrespective of whether a business is at the start-up or maturity stage, it will undoubtedly be worthwhile being aware of government measures that can assist its development and result in cash savings.”