When seeking employment, employees are normally presented with a contract that includes terms and conditions governing the termination of their employment relationship. In Malta, employment law is regulated by the Employment and Industrial Relations Act (the “Act”), which distinguishes between indefinite and definite contracts.
While definite contracts establish a specific...
Issued on 2nd May 2017, the Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order, 2017 (L.N. 131 OF 2017) had introduced a reduced rate of duty for intra-family donations of company shares and immovable property used within a family business.
The main features of...
Malta has experienced continued economic growth, going from strength to strength; with real GDP rising from 5.5% in 2016 to 6.3% in June 2017. Additionally, employment figures remain positive, with a 3.1% increase in female participation in the workforce, unemployment reduced to a record low of just 4.1%, and the...
In a recent landmark ruling, a tribunal in London has ruled that self-employed contractors engaged by Uber are in effect to be treated as “workers”. This decision, which is subject to an appeal by Uber, carries with it implications that should be considered by all tech companies that connect independent...
Following recent media scandals, the OECD has intensified its recent work to lay down new international standards to tackle tax evasion and tax avoidance amongst others. The OECD has estimated that €90 to €210 billion Euros are being lost every year through tax avoidance. There are currently 15 base erosion...
The immediate impact of this upheaval aside, Brexit is one of the most significant social events in Europe of the post-war era – a wholesale rejection of the European project – which will present both challenges and opportunities, if indeed it happens at all.
One must wonder: what does the...
