PN leader presents new document with 51 proposals for retailers in Parliament
PN leader Simon Busuttil took yesterday’s parliamentary adjournment to speak about the PN document, ‘Policy for Retailers’ and to explain its main proposals.
While presenting a copy in Parliament, the Leader of the Opposition said that this document shows that the PN wants to provide all help to the small businesses.
The document was launched on Sunday, and proposes a grant of a tax incentive that will reduce the effective income tax burden of SME retailers to 10% on the first €50,000.
For SME retailers to be eligible for this tax measure they need to show that they have complied with conditions relating to fair conditions of employment for their workers, if any and improvements in energy-efficiency and environmental standards.
This proposal is expected to cost €85 million, he explained.
Dr Busuttil said that the document aims to help some 7,000 shops in Malta, which together employ around 18,000 people. “This is a document for those who spend all their life working in one small shop. Our target is to help the small businesses.”
He reiterated his position on the minimum wage and said that the PN is in favour that this is increased.
The document lists 51 proposals which Dr Busuttil says that is aimed for everyone. Simon Busuttil said that he hopes that in the future, the proposed measures are extended.