Last May the Maltese tax authorities announced that they will no longer repay VAT using cheques. The new system will allow bank transfers into taxpayers´ bank accounts opened in a SEPA country. The process will not be automatic. Businesses entitled to a refund will receive a PIN number and instructions via letter to login the system and process the VAT refund application. Once approved, the money will be transferred to the SEPA bank account abroad. These changes will simplify VAT...
- By Marosa EU VAT
- Published 19/06/2017 16:33