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 GRTU strongly welcomes the long awaited launch of the Photovoltaic (PV) scheme. During the launch GRTU was represented by President Paul Abela and Council member Noel Gauci in representation of the sector. The same GRTU representatives had met the PPCD and the MRA some month back and successfully managed to win for the sector a bigger financial commitment in addition to what was already earmarked for the scheme. GRTU once again thanks Ms Marlene Bonnici, Director General at the PPCD, for the extra 4 million Euros.
The GRTU had just last week written to Hon Pullicino and placed pressure on the Malta Resources Authority weeks before for the launch of the PV scheme as the sector operating in this area represented by GRTU is heavily dependent on these schemes, since if there is an incentive the buyers will understandably wait for it. The GRTU therefore thanks the authorities for having taken immediate action especially for taking up GRTU's suggestion of launching it before the tradefair, which benefits both businesses and the consumer.
GRTU's Director General Vincent Farrugia just yesterday was guest at Siemens as EESC member of the TEN Section (Transport, Energy, Infrastructure and Information Society) where he followed technological and innovative developments which Siemens have introduced on a diverse number of alternative energy systems and the Siemens project on reduction of excessive use of energy by industry and commerce. Mr Farrugia met with Andre Bouffioux, CEO of Siemens Belgie-Luxemburg.
GRTU Malta Chamber of SMEs represents operators in the alternative energy sector and has a study group that is working so that in Malta there would be better services and assistance so that Malta wins the battle of reducing its dependence on energy from fossil fuels by 20% till 2020.
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).