On 9 October 2017, Malta's Minister for Finance, Edward Scicluna, presented the Budget for 2018. The tax-related aspects of the budget include: No tax increases; Tax reductions for individuals making less than EUR 60,000 a year; An increase in the value added tax (VAT) registration threshold from EUR 14,000 to EUR 20,000; Increased penalties for tax evasion and additional efforts by the Joint Enforcement Task Force to identify companies and businesses engaged in evasion; A new VAT grouping concept for the financial services and gaming sectors (supplies within group would be exempt); and Extension of online filing of VAT returns...