08 March 2006

The Web
Business Today

Banks to request fiscal receipts for property development
James Debono
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.

New study on surcharge - Gatt
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. READ MORE >>

Women-friendly tax reform planned
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. READ MORE >>

52% declare income of less than Lm4,200
James Debono
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.

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