Amendments will be presented in parliament “in the next couple of weeks” to tighten the fiscal net on the construction industry, parliamentary secretary Tonio Fenech told Business Today.
In very animated terms, GRTU director general Vince Farrugia yesterday described the new surcharge of 67.5 per cent as a “mortal blow” and “distorting” on the market.
The government is considering a number of structural changes in the tax system to encourage female participation in the labour market aimed at ensuring that work pays for women.
The majority of Maltese tax-payers in 2004, declared an income of less than Lm4,200 with a total of 74 per cent earning less than Lm6,000 a year. READ MORE >>