Malta Budget Highlights 2021
Malta Economic Regeneration Package
Malta Fiscal Response Package (COVID-19)
GAPSME: Financial Reporting Framework
The EU Single Accounting Directive 2013/34/EU has brought about the introduction of the ‘General Accounting Principles for Small and Medium-Sized Entities’ (GAPSME) which has become Malta’s default accounting framework for small and medium-sized entities (SMEs) for financial reporting periods starting on or after 1st January 2017, succeeding and replacing the prior accounting framework, the ‘General Accounting Principles for Smaller Entities’ (GAPSE).