Edward Scicluna

Type: Person
Name: Edward Scicluna
First reported 20 hours ago - Updated 20 hours ago - 1 reports

15% reduced tax rate on rental income comes into force

Tenants encouraged to declare income by paying 15% tax rate while those who persist in avoiding tax will be subject to a final tax of 35%Miriam DalliEdward SciclunaTenants who for the past years failed to declare their income will be encouraged to declare ... [Published MaltaToday - 20 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

Tax on rented properties reduced to 15%

The tax charged on revenue from rented residential properties has been reduced from 35% to 15%.Finance Minister Edward Scicluna said the measure was announced in the last Budget and was being brought in now, backdated to January 1.He said the measure ... [Published Times of Malta - 20 hours ago]
First reported Oct 29 2014 - Updated Oct 29 2014 - 2 reports

Malta signs international tax information exchange agreement

Malta joins 50 states and jurisdictions in signing Multilateral Agreement on Automatic Exchange of Tax InformationStaff ReporterMalta has joined 50 states and jurisdictions in signing a Multilateral Agreement on The Automatic Exchange of Tax Information ... [Published MaltaToday - Oct 29 2014]
First reported Oct 29 2014 - Updated Oct 29 2014 - 1 reports

Moody's reconfirms Malta's A3 rating

Credit rating agency Moody's reconfirmed Malta's A3 rating and predicted the country's GDP could increase by 2.8 percent in 2015. The rating agency's report found higher domestic consumption and affirmed that the government fiscal and economic policy ... [Published Individual.com - Oct 29 2014]
First reported Oct 28 2014 - Updated Oct 29 2014 - 1 reports

Moody's Praises Malta's Robust Growth As Economy Going Forward

Credit rating agency Moody's praised Malta's economic performance saying Malta's economy is going forward.Moody's highlights higher domestic consumption and last year's good export performance, as well as major government reforms in the energy sector ... [Published di-ve.com - Oct 28 2014]
First reported Oct 27 2014 - Updated Oct 28 2014 - 1 reports

European Central Bank comprehensive assessment confirms robustness of Maltese Banks

“The results of the comprehensive assessment exercise conducted by the European Central Bank (ECB) on 130 banks located in 19 Member States reconfirmed the soundness and robustness of Malta’s banking sector,” said the Minister for Finance, Prof. Edward ... [Published di-ve.com - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

Simpler procurement rules on public tenders of up to €15 million

The new regulatory amendments will allow calls for tenders up to a value of €15 million, excluding VAT.Edward Scicluna: tenders which have an estimated value of less than €15 million net of VAT will have only one appeal stage and only one standstill ... [Published MaltaToday - Oct 27 2014]
First reported Oct 26 2014 - Updated Oct 26 2014 - 1 reports

These road maps are leading us nowhere

It’s ironic that a party elected to govern on the premise that it had a ‘road map’ for every situation, has failed in public transport and traffic management, where maps are most useful.The 332,000 licensed cars on our roads are causing mayhem on our ... [Published Times of Malta - Oct 26 2014]
First reported Oct 24 2014 - Updated Oct 24 2014 - 1 reports

Budgetary top-up ‘was expected due to higher rate of economic growth’

The €13 million budgetary top-up requested by the European Commission was the result of a higher rate of economic growth, Finance Minister Edward Scicluna said today.Malta, together with a number EU member states, is being asked to top up its contribution ... [Published MaltaToday - Oct 24 2014]
First reported Oct 24 2014 - Updated Oct 24 2014 - 1 reports

Budget Day planned for November 17 as EU seeks details on measures

Finance Minister Edward Scicluna delivering the Budget last year.The Budget is planned to be presented on Monday, November 17, government sources have told Times of Malta.The date has not been officially announced and technically must still be discussed ... [Published Times of Malta - Oct 24 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 2 reports

Traffic ‘a stumbling block’ to economic growth

Traffic congestion is one of the main stumbling blocks to economic growth in Malta, Finance Minister Edward Scicluna said this morning.Prof. Scicluna was speaking at a business breakfast which focused on the Pre-Budget Document 2015, whose title is "creating ... [Published Malta Independent Daily - Oct 01 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 3 reports

Government on track for year end deficit reduction

:09The government is targeting finish this year with a deficit of 2.1 per cent, which would be a 0.7 per cent decrease on last year, Finance Minister Edward Scicluna told Malta's business community during a business breakfast on Wednesday morning.He said ... [Published Malta Star - Oct 01 2014]
Entities: Edward Scicluna, Malta

Quotes

"this signing ceremony sends a clear signal to all persons who have undeclared assets abroad that the time has come for them to disclose these assets in a voluntary manner, such as with the use of the ongoing investment registration scheme, which is open until the end of november. in this way, they can regularise their tax position voluntarily" Scicluna said
"the moody's report confirms the government fiscal and economic policy is taking malta in the right direction. the overall sentiment in the country is one of optimism. our policies are trickling down and being felt at every level of society. this is confirmed by moody's highlighting of higher domestic consumption, which confirms we are making a positive difference in people’s lives" said Finance Minister Edward Scicluna
"it is satisfying to keep this annual appointment with these senior officials which serves to update them with malta's progress and future challenges" said Scicluna
Pointing out that this morning’s meeting was the seventh of its kind in a matter of weeks, Scicluna said "contrary to previous governments we are consulting all stakeholders from a very early stage”."

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All (61) | News (61) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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15% reduced tax rate on rental income comes int... [Published MaltaToday - 20 hours ago]
Tax on rented properties reduced to 15% [Published Times of Malta - 20 hours ago]
Malta signs international tax information excha... [Published MaltaToday - Oct 29 2014]
Malta signs agreement on exchange of tax inform... [Published Times of Malta - Oct 29 2014]
Moody's reconfirms Malta's A3 rating [Published Individual.com - Oct 29 2014]
PN reacts as Moody's affirms Malta's A3 rating ... [Published Times of Malta - Oct 28 2014]
Moody's Praises Malta's Robust Growth As Econom... [Published di-ve.com - Oct 28 2014]
European Central Bank comprehensive assessment ... [Published di-ve.com - Oct 27 2014]
Simpler procurement rules on public tenders of ... [Published MaltaToday - Oct 27 2014]
These road maps are leading us nowhere [Published Times of Malta - Oct 26 2014]
Budgetary top-up ‘was expected due to higher ra... [Published MaltaToday - Oct 24 2014]
Budget Day planned for November 17 as EU seeks ... [Published Times of Malta - Oct 24 2014]
EC letter demands specific details on Budget me... [Published MaltaToday - Oct 23 2014]
Finance ministry admits EU communication over b... [Published MaltaToday - Oct 23 2014]
Impact of gridlock on the economy [Published Times of Malta - Oct 21 2014]
Malta Chamber lists members’ concerns to PM [Published Malta Chamber of Commerce - Oct 17 2014]
Chamber warns government against indirect taxat... [Published MaltaToday - Oct 17 2014]
Malta and France link closer – Bank of Valletta... [Published Bank of Valletta - Oct 17 2014]
Deficit cut ‘on target’ despite delayed deal [Published Times of Malta - Oct 17 2014]
Tapering of unemployment benefits concept to be... [Published Times of Malta - Oct 15 2014]
Malta Supports Fully European Investment Initia... [Published di-ve.com - Oct 14 2014]
Health reforms must be transparent [Published MaltaToday - Oct 14 2014]
Finance Minister at IMF meeting in Washington [Published Malta Star - Oct 13 2014]
Air Malta forecasts ‘€16 million loss by year end’ [Published MaltaToday - Oct 12 2014]
Finance Minister briefs senior officials from l... [Published di-ve.com - Oct 12 2014]
Angelina fasten your seatbelt [Published Times of Malta - Oct 12 2014]
Our gridlock island [Published Times of Malta - Oct 12 2014]
Scicluna says Commonwealth countries better pre... [Published MaltaToday - Oct 11 2014]
Ħal Far groupage should be privatised – Vella [Published Times of Malta - Oct 09 2014]
Budget’s tax rebate on health insurance will be... [Published MaltaToday - Oct 08 2014]
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