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...
First of all I inform you that we are still awaiting reply to our request of 20th April on Credit Terms of Fuel Distributors. As you are aware fuel distributors are your sales arm in a market which is becoming increasingly competitive. We honestly fail to understand why Enemalta insists on making life difficult for these enterprises to flourish. Their success is your success, so why do you punish them? Please let's find a solution to this problem without any need of reference to redress elsewhere.
A second issue affecting these distributors is the price at which you sell to them. Enemalta has been forced to settle the issue of a common wholesale price to all petrol station owners but has failed to reconcile the wholesale price at which you sell to fuel distributors. Enemalta has also accepted after reference to MRA the new wholesale price on fuels including the difference of 0.8 euro cents price differential in their favour.
On behalf of fuel distributors, GRTU requests you to adopt also the 0.8 euro cents change in favour also of fuel distributors. We believe that this follows obviously from the arrangement with petrol station owners and it is in line with fair competition rules. Kindly take action to implement this change with affect from April 1st 2011.
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).