The GRTU said the increases in pensions and allowances for low strata people would increase disposable income and generate economic benefit across the board. The GRTU welcomed the tax deductions to employers that organise free transport for their employees and the incentives for the building of underground car parks. The GRTU welcomed the one-year window whereby tax will be reduced on the transfer of family businesses.
Alternattiva also welcomed the benefits being given to low income people but called for a revision of the basket on which the minimum wage and the cost of living are calculated. Alternattiva said the new duty on building materials should help for this industry to give something back to the country, but it reiterated its call for a moratorium on major projects, especially in areas with a concentration of empty buildings.
The Chamber of Commerce said the €1.75 cost of living adjustment, while not an unaffordable figure for employers, departed from the standard mechanism in that it included an anticipated payment. The Chamber of Commerce and Industry said the budget speech has spared major surprises and shocks on private economic operators. It said it was encouraged by the remarkable rate of economic expansion over the past quarters and the manner in which this is supporting public finance consolidation. The Chamber welcomed the the tax incentives on voluntary second-pillar pensions, the improved access to finance via the seed-capital for setting up of the Development Bank, tax incentives on dividends from companies listed on the Malta Stock Exchange, tax deductions on employer-schemes for transport of workers, incentives on transfer of family businesses, te attraction of an international accelerator for local start-up companies and a proposal to support companies to facilitate the research and commercialisation of innovative products and services. It also welcomed the introduction of lower permitting (planning) fees to industry, simplification of licencing and start-up procedures for business.
The GWU welcomed the pension and social benefit adjustments, saying this was a budget that recognised social and economic realities. It also looked forward to the public consultation on sick leave entitlement.
Flimkien għal Ambjent Aħjar (FAA) welcomed measures to upgrade existing parks and create new ones, especially the plan give Comino the status of a national park. Local Councils and private companies will also be given incentives to develop gardens and open spaces. "The Budget which has just been announced would seem to include many positive measures related to heritage and environment, however closer scrutiny reveals that many of the announced plans are half-measures consisting of committees to be set up and calls for proposals to be received," the NGO said. FAA said rebates on restoration works for those who buy scheduled or urban conservation area properties were a very positive measure.
The MHRA - Malta Hotels and Restaurants Association - welcomed plans for investment to support the growth of the cruise-line business; the commencement of works on the new Institute of Tourism Studies; infrastructural investment, embellishment initiatives and improvement in the road network. It also welcomed the tax credit schemes for renovations in hotels and restaurants but said it had expected specific spending allocations for the immediate upkeep of core tourism areas, such as Bugibba and Qawra, which are in urgent need of serious investment.
The Malta Developers' Association said that it recognised that in a situation where the construction sector was doing well, those involved in this sector have to contribute to society. The association welcomed the extension of the tax exemption for first time property buyers, the incentives and subsidies on rents, lower duties on Gozo property transfers and incentives on the building of underground car parks.
The Gozo Business Chamber (GBC) took a different view on the (Gozo property tax cut) measure and welcomed it. It said that this measure should be put into immediate effect and not at the beginning of next year, and include all pending promises of sale. The GBC welcomed plans for an extension of Xewkija Industrial Estate, a second fibre optic cable to Gozo and geological studies and a call for the design, building and operation of the tunnel between the two islands.
The Malta Motorsport Federation noted a
reference in the Budget speech to a Motor Recreation and Education Park
and said it would support it. "Such facility will help our athletes to
improve their skills in a safer facility. This project will also generate new
form of tourism which will contribute directly in the economic growth with
ripple effect across all sectors." The federation said it welcomes plans
for stricter penalties for drink driving and the ban on smoking in vehicles in
the presence of children.
Timesofmalta.com Tuesday, October 18, 2016, 06:32
L-Assoċjazzjoni tal-Pulizija ta’ Malta qalet li tilqa’ l-aħbar li l-Gvern se jindirizza l-inġustizzja tas-sigħat żejda maħduma mill-Pulizija bejn l-1993 u l-2009, minkejja li l-proposta għadha mhux ċara biżżejjed.
Newsbook.com.mt 18/10/16 07:15 AM
L-Assoċjazzjoni tat-Turiżmu f’Għawdex irrimarkat li dan kien baġit bilanċjat.
Newsbook.com.mt 18/10/16 07:15 AM
Direttur tal-Caritas, Leonid McKay meta mitlub jagħti r-reazzjoni tiegħu lil Inewsmalta qalilna li "b'mod ġenerali ngħid li l-karba taż-żgħir qed tinstema'. Dan imma hu l-ewwel pass u qed inħarsu lejh b'kawtela. Qed ngħidu li qed inħarsu lejh b'kawtela għax l-effetti tiegħu żgur li mhux se jkunu immedjati u wieħed irid jara x'se jiġri fil-prezzijiet tal-ikel u l-kirjiet". Tenna li "aħna minn naħa tagħna kuntenti ħafna li kien hemm bidla fl-atittudni u kien hemm bidla fil-pożittiv. Qabel konna qed nisimgħu fuq l-abbużi fil-benefiċċji u issa qed naraw it-tisħiħ tal-benefiċċji. Apprezzajna ħafna li l-Ministru semma' l-faqar x'inhu, fejn ġew elenkati erba' kawżi. It-titlu wera biċ-ċar li l-Gvern jemmen li għandu jintervjeni biex jgħin lil dawk fqar. Il-Gvern qed jemmen li t-tkabbir ekonomiku waħdu mhux biżżejjed għal dawn in-nies u jrid jintervjeni." Enfasizza li l-mekkaniżmu li jistabbilixxi iż-żieda għall-għoli tal-ħajja magħrufa bħala COLA, ma jirriflettix il-bżonnijiet ta' llum. Hu qalilna li laqgħu b'sodisfazzjon id-deċiżjoni tal-Gvern li jirrevedi l-fuq l-aġġustament għall-għoli tal-ħajja. Leonic Mckay qalilna ukoll li "xi ħaġa li laqtitna kienet ir-riforma tal-pensjoni tal-wens, fejn issa persuni miżżewġin ukoll huma intitolati għall-benefiċċji. Bħala Caritas xtaqna li jkun hemm żieda fil-paga minima imma l-Gvern żied l-allowances. Bħala Caritas nemmnu li aktar ma jkun hemm flus fil-but għal dawk bi dħul baxx, dawn ikollhom aktar dħul diċenti."
Inewsmalta.com Ott 19, 2016 08:45