Day: April 26, 2017

  • Reduction in rate of duty for inter-generation family business transfers

    Reduction in rate of duty for inter-generation family business transfers

    A reduction in transfer duties on family businesses has been announced by the Minister for Finance Edward Scicluna and Minister for the Economy, Investment and Small Business Chris Cardona.   PRESS RELEASE BY THE MINISTRY FOR FINANCE AND THE MINISTRY FOR THE ECONOMY, INVESTMENT AND SMALL BUSINESS Addressing a press conference on the subject, both…

  • Malta Surplus: easy for some, impossible for others

    Malta Surplus: easy for some, impossible for others

    I must admit that the sudden news of a fiscal surplus on the government’s accounts after 35 years of successive deficits has stunned in a big way a small section of the people who still live in the past pre-election foolish illusion that a Labour government would be unable to deliver its promise of good…