For many organisations in Malta, ‘corporate social responsibility’ can be a loaded term – mainly because its meaning is unclear. At its core, the definition of corporate social responsibility (CSR) is self-evident; to engage in CSR, corporate organisations must operate in such a way that benefits society, systemically. Simple, right? The concept is straightforward enough […]
A Quick Guide to Malta’s Taxation of Distributed Ledger Technology (DLT) Assets This November saw Malta’s Commissioner for Revenue (CFR) issue guidelines on the taxation of Distributed Ledger Technology (DLT) assets in terms of VAT, income tax and stamp duty. Although a strict definition of coins and tokens is given, the classification is of limited […]
Malta’s 2019 Budget Following the reveal of Malta’s 2019 budget, it’s easy to get lost in all the hoopla that surrounds new proposals and developments – especially when the main question you want the answer to is ‘what’s in it for me?’ In this blog post we will be breaking down 4 new government incentives that […]
As a business owner or manager, you’ve probably come to realise that your team is one of the most important resources your company has. Keeping staff content is a challenge in itself, but keeping them motivated is even harder. Various studies have shown that employees are loyal to an employer that empowers them and invests […]
You’ve probably already heard a little (or a lot) about this small island with a very big personality. If you haven’t, then even the quickest of Google searches will tell you exactly why it’s such an attractive place to be: three hundred or so days of golden sunshine, endless waves of blue sea, vivid cerulean […]
Launching A Compliant Start-up In Malta Coming up with the perfect idea for a start-up in Malta feels a lot like reaching the top of a mountain, but don’t pop the champagne bottles just yet – that’s just the very first step in your entrepreneurial journey. We have already talked about the importance of due […]
Setting up as a freelancer in Malta The life of a freelancer seems to be synonymous with freedom, flexibility and the empowerment that comes with being your own boss. That is of course all true, but as we already know (thanks to the Spiderman franchise), ‘with great power comes great responsibility’. Being your own boss […]
Launching Your Start-up: The Planning Stages One of the most frequently asked questions we get here at NM Group comes from budding entrepreneurs looking to get their start-ups off the ground and launched. They ask (rightly so!): ‘what do I need to know about the financial side of things?’ Luckily, our team is highly experienced […]
Save Time and Money with Cloud Accounting When our clients join us here at NM Group, they become part of our growing family – and we make it a point to take care of our people. We’re always on the lookout for ways to stay at the forefront of developments in accounting, and love to […]
What is Cloud Accounting? These days it seems like you just can’t scroll through Facebook or read an article in The Economist without coming across references to something called ‘the cloud’. To those of us in the financial sector, ‘cloud accounting’ seems to be one of the hottest buzzwords around – so what is it […]