FS5: Monthly Tax & NI Payment
The FS5 is the monthly payroll report used to declare salaries, tax and social security contributions.
- Who is Responsible: Every employer registered and operating in Malta.
- Key Deadlines: Submission and payment must be completed by the last working day of the month following the payroll period.
How MONA Supports You
MONA automates the FS5 process by calculating exact monthly liabilities and facilitating timely submissions. We ensure your reporting is flawlessly aligned with the Commissioner for Revenue requirements, avoiding unnecessary late fees and interest.
Payroll Reporting
FS3: Yearly Employee Statement
FS3 Overview
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The FS3 is the annual payroll statement that summarises an employee’s earnings, tax and contributions for the year.
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It supports accurate personal tax reporting and provides a clear record of payroll information.
Responsibility & Timeline
Employers are legally required to issue an FS3 form to every employee by the 31st of January. Additionally, an annual reconciliation must be submitted electronically to the Commissioner for Revenue to verify the year's total contributions.
MONA Management
We automate the production of accurate FS3 statements for your entire workforce. MONA manages the full reconciliation and handles digital filing with the CfR, ensuring your reporting is flawless, timely, and fully compliant with local regulations.
Tax Reporting Guide
FS7: Annual Reconciliation
The Purpose
The FS7 is the Annual Reconciliation Statement. It serves as a final consolidation of all tax and social security contributions paid throughout the fiscal year, verifying that monthly totals align with year-end summaries.
Submission Rules
Employers must submit the FS7 by February 15th for the previous calendar year. It must perfectly reconcile monthly FS5 payments with individual FS3 employee forms to avoid audits.
MONA Expertise
MONA supports the reconciliation process by organising and preparing payroll data to ensure consistency between monthly and annual reporting. This helps maintain accurate records and supports a smooth submission process.
Why SMEs Choose MONA for Payroll Reporting
MONA offers a payroll process designed for small and growing businesses — combining accuracy, compliance and accessible pricing that supports your business without unnecessary strain.
Time Recovery
Focus on your core business growth while we handle the complexities of monthly and annual reporting. No more losing valuable hours to manual data processing.
Zero-Error Accuracy
Avoid penalties and late fees. Our specialized process ensures every FS3, FS5, and FS7 calculation is exact and fully compliant with the Commissioner for Revenue standards.
Peace of Mind
Rest easy knowing your payroll is coordinated in line with local laws. We provide secure data management and transparent reporting, keeping you audit-ready 365 days a year.
Ensure Your Compliance
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