BREXIT Information: Affects on Imports, Exports & Taxation
19 January 2021
With the participation of the Customs Department and Taxation Department Following the urgent informative Webinar...
GRTU has last
week written to Hon Joe Mizzi Minister for Transport and Infrastructure asking
for a meeting to clarify the recent revisions of the CVA. Upon introduction of
the new revisions to the CVA scheme announced in the Budget 2014 speech GRTU
and its members immediately came out supporting the revision. We, our members
and many others however were under the impression that this would mean that no
CVA would be charged after 14.00hrs.
months from the introduction of the revision, GRTU is receiving various
complaints from shop owners, employees, etc… saying they are still being
charged CVA after 14.00 hrs. After having enquired GRTU learned that only those
parking into Valletta after 14.00 are not charged, while those that came in an
hour or so earlier are charged normally for the rest of the day.
want to force people that are parked in Valletta to go out of the CVA zone and
in again at 14.00 to benefit from the waiver? One reason why we were pleased
with the change was that people could come in and have lunch or a snack and
spend time in Valletta shopping after. This was the change we were in favour of
to really boost business and encourage people to come in.
stated that we feel people have been misled and something needs to be done to
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).