Thursday, March 12, 2009

Malta keeps zero VAT on food and medicine

Allow me to use this blog to welcome the news that following the latest Economic and Financial Affairs Council (ECOFIN) Malta has managed to retain its right not to charge any VAT on food or medicine even after 2010 and has managed to reduce VAT on health services related to the elderly and on restaurant services.

The negotiations were long and tough but this result is a sure sign that, despite our small geographic size, our fellow European Union Member States are in tune with our country’s particular needs and circumstances in this area. Hopefully this success will rub off on other areas of concern to us all.

This effort undertaken by the Government is to be applauded.

A more detailed statement on the issue can be found on www.roberta2009.eu

No comments: