Malta's Commissioner for Revenue recently published new Guidelines in relation to the VAT rules applicable to small enterprises. The main guidelines are as follows. Several examples are also provided. --- Guidelines in relation to the VAT rules applicable to small enterprises Purpose and Background The purpose of this document is for the Commissioner for Tax and Customs ('CfTC') to provide guidance, in conformity with article 75(2) of the VAT Act (Chapter 406, Laws of Malta), on the interpretation and application of the provisions contained in the VAT Act as regards the exemption for small enterprises established in Malta for supplies...