The End of the VAT exemption for goods up to €22 – No Transitional Period
22 June 2021
As from 1st July 2021, the European Union will introduce new VAT e-commerce rules to...
The age profile of the EU is expected to change dramatically in the coming decades, according to the EU's latest Ageing report that was published on 15 May. The EU population will in 2060 have slightly risen from 502 million of 2010 to around 517 million. And it will be much older. According to projections, by 2060 nearly one in three citizens will be aged 65 or over while the share of those aged 15-64 will decline from 67% to 56%.
As a consequence, the EU will move from having four people of working-age to each person aged over 65 years to about two people of working-age. The decline in the workforce will act as a drag on growth and per capita income, and will put pressure on public finances in the EU. However, the report shows a large diversity across EU Member States, depending notably on progress with pension reforms.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).