Learning about money from a young age is one of the most valuable skills a person can develop. Financial capability means understanding how to manage money wisely, how to budget, save, spend, and plan for the future. When young people gain this knowledge early, they are better prepared to make smart decisions throughout their lives.…
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Julian Galea Filletti, an 11-year-old student at St Augustine College (Pietà), is already showing signs of a bright future ahead. With hobbies that include tennis, squash, swimming, and art, Julian balances fun and creativity with valuable life lessons. From a young age, Julian learned the importance of saving money, understanding that good money management helps…
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ĠEMMA, in collaboration with the Department of Social Security (DSS), HSBC Malta Foundation, and Active Ageing Malta, has been organising engaging and informative sessions specifically for individuals aged 60 and over since 2023. Held in Active Ageing Centres across Malta and Gozo, these sessions aim to equip older adults with practical and relevant financial knowledge…
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As part of its ongoing outreach efforts, Mark Bezzina, on behalf of GEMMA was recently featured on the Maltese television programme FLUSEK, where he discussed voluntary occupational pensions and the broader importance of financial literacy. The segment focused on how individuals can take practical steps toward planning for their financial future, understanding the different pension…
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In a recent session held at the Parliament of Malta, Mark Bezzina delivered a presentation on behalf of GEMMA, engaging with a group of around 30 employees to discuss the three pension pillars—focusing particularly on Voluntary Occupational Pension Plans and Private Pension Plans (2nd and 3rd Pillars). This session formed part of GEMMA’s ongoing financial…
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This session focuses on the key components of micro and macro environments affecting SMEs and their profitability. It begins by establishing that businesses do not operate in isolation but are influenced by various external and internal factors. The session explains the difference between micro and macro environments, with micro factors being within the company’s control…
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The March edition of the Ġemma newsletter is now online. We encourage you to click on the image below to read the latest edition.
This session provided an in-depth look at effective business management for small and medium enterprises (SMEs), focusing on cash flow management and business planning. Participants explored key financial concepts, including understanding, and forecasting cash flow, managing trade receivables and payables, optimising inventory levels, and building financial resilience. Through practical examples and case studies, the session…
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The first presenter, Mr. Noel Agius, explains the two schemes under the Social Security Act: contributory benefits (requiring social security contributions) and non-contributory benefits (means-tested). He details who needs to pay contributions (employed, self-occupied, and certain self-employed persons), how contributions are paid, and exemptions. He also discusses lower rates (pro-rata contributions) and contribution credits which…
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This webinar provides a comprehensive introduction to VAT compliance in Malta, specifically tailored for sole traders and self-employed individuals. Presented by Dustan Farrugia, Senior Manager at the Malta Tax and Customs Administration, it covers the essentials of VAT, including registration, rates, exemptions, and record-keeping requirements. Farrugia demystifies complex topics like the different VAT schemes available,…
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