Extension of temporary relief for customs duties and VAT on goods needed to combat Covid-19
30 October 2020
The Customs Department would like to inform you that the European Commission decided to prolong,...
The days on the old vehicle taxation regime are now counted. The special task force set up by the Ministry of Finance to draw-up recommendations has concluded its work and effected extensive research and selected quality consultation.
GRTU has done its utmost to ensure that the final conclusions are fair to all car dealers- importers of new, commercial and used vehicles originating from Europe or outside; and at the same time not leaving the local second hand car dealer out.
GRTU has also looked at the interests of users; GRTU represents cargo haulers, passenger coaches, distributors, roads contractors and developers, waste carriers and local tourist tour operators. All these groups are eager to see implemented a scheme that reduces the unacceptable high level of vehicle registration tax that makes their investment much costlier.
GRTU also wants to defend the car purchaser as the car owner. With more than the 7000 members GRTU also represents vast cross-section of consumers.
Consultations are now almost concluded and all organised stakeholders had a chance to meet the task force and assess what is being proposed. Next step is for Government to announce the scheme for further reactions, so as to decide on a final solution.
GRTU believes that nothing should be allowed to stop Government from implementing the new vehicle taxation system before the end of July 2008.
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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).