Press Release: Positive outcome for Black Friday 2024
29 November 2024
Feedback reported to the Malta Chamber of SMEs on Black Friday results indicates mixed outcomes....
GRTU as active members of UEAPME, the European federation of national representative organizations representing SMEs has been on the lobbying front for five years demanding the reduction or removal of the high taxation on every litre of diesel.
GRTU in Malta has persistently raised this issue and has brought together transporters on more than one occasion threatening to get all transporters: burdnara, coaches, busses, distributors, road haulage, minibuses and waste carriers to protest publicly if Government refuses to act.
Now the pressure is again on GRTU to take the lead. This time round it won't be easy for government to keep GRTU away.
All transporters are self employed. The stiff increases in diesel prices have eaten away the self-employees' take home income irrespective of what sector they operate in. Most of them cannot simply put up prices to cover the loss of income and it's grossly unfair that all the operators continue to suffer when Government continues to benefit each time the price of diesel goes up.
It's easy arithmetic: as the price goes up and the 18% VAT is charged on the full price of diesel including government duty tax of €0.34c per litre and the profit margin of Enemalta, Government pockets in more when we suffer further dips in our pockets. GRTU believes that reason must prevail.
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).