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…
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…
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…
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,…
Are you a teacher passionate about equipping your students with essential life skills? Do you believe in the power of financial literacy to shape a more secure future? Then we at GEMMA want to connect with you! GEMMA, an organization within the Office of the Permanent Secretary in the Ministry for Social Justice and Solidarity,…
Malta through ĠEMMA has participated in the the Organisation for Economic Cooperation and Development OECD/Internation Network for Financial Education (INFE) international research for measuring financial literacy and financial inclusion with research carried out by market research agency, M.FSADNI & Associates. Wednesday 6th March saw the launch of the outcomes of the OECD adult financial literacy…
This multiple-choice online quiz features seven engaging questions covering essential topics like pensions, budgeting, and saving. Achieve the perfect score and you’ll earn a chance to enter our exciting competition, where you could win €100 worth of One4All Gift Vouchers! To participate, visit this page https://docs.google.com/…/1FAIpQLScbu2T29V6GOZ…/viewform Each participant can participate in the quiz only once…
The November edition of the Ġemma newsletter is now online. We encourage you to click on the image below to read the latest edition.
Do you have a start-up, are you self-employed or self-occupied, an entrepreneur starting on your own business or someone thinking of becoming self-employed? ĠEMMA, the Malta Tax and Customs Administration, HSBC Malta Foundation and EY have all teamed up to offer you a free, online Business Masterclass composed of an number of interesting and very…
Some shots from our recent session at the Marsascala Day Centre. Today, we discussed the importance of being always vigilant to detect scams and fraud. We are receiving many enquiries from participants for these sessions and others aimed at different age groups. We look forward to carry out more money management talks in other localities.…
