Malta Chamber of SMEs participates during SMILES final conference
17 September 2021
The final conference gives important recommendations for the future of EU Semester from SMEs’ perspective...
A new tapering system was announced that shall be utilized for the disbursement of the Wage Supplement Scheme from August to December 2021.
Worst-hit companies with an impact of 55% or more (2019 – 2020) – will continue to receive the wage supplement in full until the end of year. Therefore, they will experience no change.
Tapering for the other categories will take place in 2 phases as explained in the table. Same principle applies for Part-Time employees.
Beneficiaries presently receiving €600 monthly per employee will be tapered down to €420 in Phase 1 and €210 in Phase 2.
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).