Mazars workshop on fiscal advantages for family businesses

● The first 2018 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 2018 series of information sessions branded ‘Made Simple, by Mazars’, on Thursday 10th May. The upcoming workshop, which will be held once again at the Royal Malta Yacht Club, will tackle the topic ‘Fiscal advantages for Family Businesses’.

The objective 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 a fiscal, financial and regulatory perspective, 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 ‘Made Simple, by Mazars’ workshops are delivered by experts from the Mazars’ team, and generally take on a very hands-on approach. The forthcoming session is specifically targeted at directors and executives of owner-managed businesses. Mazars Malta Tax partner Paul Giglio explained that during the workshop “we will be providing a general overview of family businesses in Malta within the context of the Family Business Act, and delve into the general incentives, both fiscal and non-fiscal, as well as tax and duty incentives, available for family businesses. We will also be updating participants as regards the reduced rate of duty applicable on certain transfers effected by 30t September 2018 for family businesses, while explaining procedures to obtain Microinvest tax credit, and the increased capping applicable for family businesses”.