In response to Malta's recently introduced labour migration policy employers need to strategically adapt to new measures impacting third-country nationals (TCNs). This article explores the potential effects of these changes on workforce planning and provides guidance to mitigate challenges such as permit refusals and...
PwC Malta releases its latest CEO Confidence Tracker and Economic Outlook reports, providing valuable insights into Malta’s economic performance and business sentiment amid global uncertainty. The reports highlight Malta’s resilient economy, positive growth forecasts for 2025, and key industry trends, offering...
Get ready for your next tax audit! Learn how to stay organized, keep records, get expert advice, and do health checks to avoid stress. Find out how we can help you handle and resolve tax audits smoothly.
The insurance industry is at a critical inflection point. As climate risk intensifies and digital transformation efforts fall short, insurers must rethink their strategies for resilience, innovation and growth. This article explores how the industry can close the protection gap through collaboration, unlock value from...
EFRAG’s June 2025 progress update details the ongoing simplification of the European Sustainability Reporting Standards (ESRS), as mandated under the EU’s Corporate Sustainability Reporting Directive (CSRD). The proposed changes aim to reduce mandatory reporting requirements by more than 50%, focusing on six key...
In a world of increasing cyber threats and complex digital ecosystems, managing who has access to what—and when—has never been more critical. Identity and Access Management (IAM) sits at the heart of secure digital operations, helping organisations protect sensitive data, streamline access, and meet regulatory demands...
The aviation industry faces growing complexity under IFRS 15, IFRS 16, and IFRS 9—standards that have reshaped how revenue, leases and financial instruments are recognised and disclosed. This article explores the practical implications of these standards for airlines and aviation businesses, including ticket revenue...
In today's fast-paced and data-rich world, HR can no longer rely on instinct alone. Accurate data enables HR teams to move from reactive to proactive, placing people analytics at the heart of an entity's strategy. It is important to use data for better decision-making, enhancing employee experience, driving...
Seven principles guide sustainable organisational transformation through a people-first approach: aligning leadership, managing the people impact of change, leading by example, enabling change across all levels, fostering ownership, communicating clearly, and aligning culture with strategy. In a context of ongoing...
In May 2025, the EU adopted its 17th sanctions package in response to Russia's continued aggression against Ukraine. This article discusses the intensified restrictions across critical sectors such as energy, shipping, trade, defence, and finance. It highlights the key actions taken, including restrictions on Russia's...
The European Union Agency for Cyber security (ENISA) has released its first-ever NIS360 report, which evaluates the maturity and criticality of key sectors under the NIS2 Directive. This Directive aims to enhance cyber security risk management across essential and important entities in the EU. The NIS360 report...
Liquidating a company may be necessary if the company is insolvent, no longer needed as a consequence of a restructuring project, or has served its purpose as a result of a termination of its business operations. The process of winding up a company’s affairs helps settle outstanding debts and distribute any surplus...
Designing learning experiences that resonate with employees requires a thoughtful blend of relevance, interactivity and personalisation. Aligning content with real-world needs, incorporating multimedia elements, and fostering a culture of continuous development are key to boosting engagement and retention. Practical...
AI is reshaping the global workforce by enhancing human capabilities, not replacing them. The 2025 AI Jobs Barometer reveals that industries embracing AI have seen a threefold increase in revenue per employee and a near quadrupling of productivity since 2022. Roles exposed to AI are evolving rapidly, with required...
The latest PwC research highlights a widening gap between climate commitments and delivery. While more companies are setting net-zero targets and expanding low-carbon investments, most are not on track to meet short-term emissions goals, particularly for Scope 3. Key challenges include incomplete planning, delayed...
On this 25 May 2025, the EU’s General Data Protection Regulation (GDPR) turns seven. Global in reach and long-term in effect, it is clear that the GDPR has shaped and is transforming, business models for many years to come. Largely, this is due to the growing emphasis that boardrooms place on leveraging high-quality...
Regularising your tax position is essential to ensure compliance with tax laws and avoid potential penalties and criminal prosecution. Key benefits of proactive regularisation include reduced penalties, avoidance of criminal charges, and enhanced reputation with tax authorities. Effective steps include conducting...
Understanding the VAT implications on the sale and letting of immovable property in Malta is essential for property owners, tenants and professionals. While such transactions are generally exempt from VAT, several key exceptions apply; such as licensed accommodation, sporting facilities, short-term lettings and certain...
Several EU-funded grant schemes are currently available to support large enterprises, public sector entities, and SMEs in Malta. These initiatives focus on enhancing digital capabilities, fostering research and innovation, promoting energy efficiency and driving business growth. Funding opportunities cover technology...
Reduced stamp duty rates for donations within family businesses in Malta have been extended for another year. Transfers of marketable securities, such as shares in Maltese companies, are generally subject to a 2% stamp duty rate, increasing to 5% for companies with specific property holdings. However, a concession...
Mutual Agreement Procedures (MAPs) play a crucial role in resolving transfer pricing disputes, which arise when multinational enterprises allocate profits among their various subsidiaries in different jurisdictions. These disputes often occur because tax authorities in different jurisdictions may have conflicting views...
The first CSRD reports reveal that companies are still adapting to new sustainability disclosure requirements. Key steps include early alignment with CSRD standards, setting up structured double materiality assessments, and expanding disclosures beyond mandatory topics, where relevant. Climate Change remains a...
The VAT in the Digital Age (ViDA) package, adopted on 11 March 2025, aims to modernise and digitalise the Value Added Tax (VAT) system within the European Union. The initiative focuses on enhancing tax collection, reducing fraud, and simplifying VAT compliance through technology. Key components include digital...
Liquidating a company in Malta requires meticulous management of both pre-liquidation and post-liquidation stages to avoid legal, financial and reputational issues. Key challenges include meeting obligations on time, addressing financial and compliance requirements, and maintaining proper records. Delays and inadequate...
The guide emphasises the importance of corporate culture and ethics as foundational elements for a resilient and high-performing organisation. It outlines the role of culture in shaping employee behavior, decision-making and risk management. The guide highlights the expanding role of Internal Audit in evaluating...
PwC has today unveiled a new brand positioning, visual and verbal identity. PwC’s new brand positioning and identity better reflect how it works today to support clients to unlock and protect value and to ensure its identity provides the right platform for the future. At the heart of the new positioning is the...
In today's competitive business landscape, brands are competing for attention on digital platforms. While it may seem tempting to reach as many people as possible, a broad approach is often ineffective. Success lies in establishing the right target audience, understanding ideal customers, and tailoring strategies to...
Recent amendments to the Value Added Tax Act, effective from 1 January 2025, primarily impact small undertakings by altering the criteria for eligibility. The changes include the inclusion of certain exempt supplies related to immovable property, financial transactions, and insurance transactions in the turnover...
AI has been disrupting a variety of fields since its onset. Unfortunately when it comes to learning, this has raised some concerns, with the perception that AI may potentially be used to automate tasks that historically required the input of subject matter expertise, thorough review, and critical thinking. But what...
The guide emphasises the importance of corporate culture and ethics as foundational elements for a resilient and high-performing organisation. It outlines the role of culture in shaping employee behavior, decision-making and risk management. The guide highlights the expanding role of Internal Audit in evaluating...
Surprise, surprise: Winning M&A strategies for turbulent times. For all the surprises, deals are getting done, as dealmakers navigate today’s market.
Dive into PwC’s Cyber Threats 2024: A Year in Retrospect for knowledge to help you navigate the shifting tides of cyber threats in 2025 and beyond.
The UK has slipped from 17th to 18th place, down from 10th in 2020 - the steepest post-pandemic decline amongst OECD countries - with Iceland, New Zealand and Luxembourg the best performing.
Results from PwC’s most recent CEO Survey show that executives have big expectations from AI. To realise them, they’ll need to build more confidence in the tech.
The findings of our 28th Annual Global CEO Survey show that CEOs are reaping early productivity gains from Generative AI and rising payoffs from investments in sustainability. The challenge is to increase scope and speed.
Check out the latest findings of PwC’s 2025 Global Digital Trust Insights Survey, reflecting the views of over 4,000 executives.
Find out how technology is changing the way leading organisations see risk, creating new value and building resilience.
Investigating how organisations are reacting to the challenges associated with global pay fairness and the introduction of living wages.
Companies are cutting costs, but they aren’t cutting employees, meaning that workers need to be reskilled to take on entirely new roles.
