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Energy taxation discussed at the Informal ECOFIN in Helsinki

“While Malta is aware that the Energy Taxation Directive needs to be updated to reflect present day realities, and to help promote the use of renewable and clean energy sources, the removal of tax exemptions on aviation and shipping fuels will have serious repercussions on many member states, including Malta, unless tackled internationally. Ships will bunker tax-free outside the EU waters while new aviation taxes would hamper connectivity of peripheral ... [+]

FRAUDULENT INFORMATION ON THE SOCIAL MEDIA

B’referenza għan-numru ta’ siti qarrieqa li qegħdin jinxterdu fuq il-mezzi soċjali, il-Ministeru għall-Finanzi javża lill-pubbliku sabiex jinjorahom.  Jidher li fuq l-istess mezzi qegħdin jinxterdu ‘hyperlinks’ ta’ artikli qarrieqa dwar il-Ministru għall-Finanzi Edward Scicluna, kif ukoll hemm oħrajn li malizjożament, qegħdin iħajru lill-pubbliku sabiex jinvestu flushom fi skemi qarrieqa. APPELL LILL-PUBBLIKU BIEX ... [+]

Fiscal data for the first half of 2019 in line with targets

The Ministry for Finance welcomes the latest Government Finance Data, published by the National Statistics Office (NSO), which shows that for the first half of this year, Government revenue continued to be bouyant, with the increase in tax revenue rising by €218 million or 12.5 per cent, reflecting an increase ... [+]

Fitch upgrades Malta’s rating outlook to positive

The Ministry for Finance welcomes Fitch’s outlook upgrade for Malta from ‘Stable’ to ‘Positive’ and its reaffirmation of the sovereign credit rating at A+. Fitch attributes the upgrade to Malta’s robust economic growth, positively noting that in 2018 Malta was the fastest growing economy in the European Union (EU). The fiscal ... [+]

Robust growth sustained in the first quarter of 2019

During the first quarter of this year the Maltese economy continued to be amongst the top performing economies in the EU, growing by 4.9 per cent. In nominal terms, GDP increased by 7.4 per cent. PRESS RELEASE BY THE MINISTRY FOR FINANCE The year-on-year quarterly economic growth rate compared remarkably well with ... [+]

Miżura amministrattiva fiskali għal aktar ugwaljanza

“Wettaqna miżura amministrattiva fiskali li għandha implikazzjonijiet għall-ugwaljanza.” Hekk saħaq il-Ministru għall-Finanzi Edward Scicluna f’konferenza tal-aħbarijiet fejn tħabbar kif koppji miżżewġa kif ukoll dawk f’unjoni ċivili ser ikollhom l-opportunità li jimlew il-formola tat-taxxa b’mod separat. STQARRIJA MILL- MINISTERU GĦALL-FINANZI U MILL-MINISTERU GĦALL-AFFARIJIET EWROPEJ U L-UGWALJANZA Din il-miżura qed tiġi introdotta fid-dawl ta’ numru ta’ ... [+]

Titnieda l-iskema ta’ ‘Equity Sharing’

Il-Prim Ministru Joseph Muscat nieda il-Home Equity Sharing Scheme, skema li se tgħin lil persuni ta’ aktar minn 40 sena biex anke huma jkunu jistgħu jsiru sidien ta’ darhom. STQARRIJA MILL-UFFIĊĊJU TAL-PRIM MINISTRU Il-proċess jibda meta wara li l-applikant jidentifika propjetà b’valur massimu ta’ €200,000, joħroġ minimu ta’ 10% tal-valur, u permezz ... [+]

Gvern li jwettaq dak li jwiegħed—Il-proċedura ta’ ‘offsetting’

Waqt konferenza stampa, il-Ministru għall-Finanzi Edward Scicluna ħabbar it-twettiq ta’ miżura oħra baġitarja, dik li tiġi introdotta l-proċedura ta’ offsetting.  STQARRIJA MILL-MINISTERU GĦALL-FINANZI Din is-sistema taħdem billi ħlasijiet li kumpanija, negozjant li jaħdem għal rasu jew partnership ikollha tieħu mingħand il-Gvern, jiġu offset ma’ ħlasijiet li dawn ikollhom jagħtu lill-Gvern. “Il-Gvern minn dejjem għaraf li s-settur privat huwa ... [+]

Inkomplu bit-tnaqqis ta’ taxxi għal kull min jaħdem.

“Il-Gvern dejjem wiegħed li jwaqqa' l-piż tat-taxxa. Dan bdieh fl-ewwel erba' snin li waqqa' r-rati tat-taxxa sena wara l-oħra, imma issa morna oltrè, li għat-tieni sena qed nagħtu tax refund. Dan se nagħmluh mhux billi naqtgħu t-taxxa, għax inkella ta' fuq jieħu l-iżjed u t'isfel jieħu l-anqas, u min ma ... [+]

Taxation and workers’ mobility discussed at the Informal ECOFIN Meeting in Bucharest

Minister for Finance Edward Scicluna attended the Informal Meeting of the Economic and Financial Council in Bucharest on 5th and 6th April. The meeting was preceded by a Eurogroup meeting where the finance ministers held an exchange of views with the Chair of the European Parliament’s Economic and Monetary Affairs Committee Robert ... [+]