Becky Bajada Accounting Services

Office administration clerk needed on a full time basis to assist in the daily operations and provide administrative support- if interested please send us a CV on [email protected]

We're seeking a full-time Nanny. We need a caring, reliable, and experienced individual for our 8 month son and overall household needs.
The candidate should have experience with babies, possess housekeeping and cleaning skills, and be fluent in English.
Those interested, please send me a detailed and updated CV via whatsapp on +356 99843035 or [email protected]

Tailor Seamstress / Upholsterer required for immediate employment. Experience in the manufacturing of upholstery/covers etc is needed.
Full time work available. Attention to detail and eye for quality required.
If interested send an email with CV on [email protected] or call on 99895008

Our offices will be closed for summer break between Monday 15th August and Wednesday 25th August 2022

Should you need any urgent assistance please email on [email protected]

Looking for a clerical assistant on a full time basis

Looking for a cleaning lady on a full time basis

A reputable business is up for grabs. A long term branded company which is in the yachting business.. sail repairs, Bimini, boat covers, upholstery and much more. Ready with equipment, employees and leased workshop. This is a Client of mine, so contact me if interested.

UPDATES FROM BUDGET 2022 - CONTINUED

• As from January 2022, employees whose basic salary does not exceed €20,000 annually and who do not hold a managerial position will be taxed at the rate of 15% on the first €10,000 of their income derived from overtime;

• In order to encourage pensioners to remain active and continue with their employment after reaching retirement age, income derived from pensions will be excluded from the income which will be subjected to tax;

• Reduction of tax on income derived from part-time employment and self-employment from 15% to 10%;

• Parents who are employed and whose children are under the age of 23 are entitled to in-work benefit. This budget has extended the limits and the rates for all the beneficiaries: o Couples who are both employed – the income limitation will be increased from €35,000 to
€50,000 annually;

o Couples where only one parent is employed – the income limitation will increase from €26,000 to €35,000 annually;

o Single parents who are employed – the income limitation will increase from €23,000 to €35,000 annually

• €15 to €45 increase in tax refund (now ranging from €60 to €140) payable to those earning less than €60,000;

• Employees employed with contract workers providing work in the public sector will be paid double their rate (siegha saghtejn) for work carried out on Sundays;

• Free childcare services to employees who work during nights, weekends and on shift;

• COLA increase of €1.75 per week for will be payable in 2022 to all employees, pensioners, those benefitting from social services as well as a pro-rata increase on student stipends;

• Reduced tax and duty rates will apply on the first €200,000 in respect of the sale or purchase of property
that has been leased out for not less than ten years to tenants who are eligible for the Rent Benefit at affordable rates issued by the Housing Authority. If the property is sold to the tenant, capital gains tax and duty will be exempt. Furthermore, properties which have been leased out for less than ten years
but more than three years, will benefit from halved tax and duty rates;

• It is proposed that the student stipends are to increase by 10%. Additionally, as from 1st January 2022, students will be able to work up to a maximum of 25 hours a week whilst still being eligible to receive their stipend;

• The government is proposing a further focus on apprenticeship by investing in new technologies and
new laboratories to aid students undergoing placements with the private sector;

• €15 to €45 increase in tax refund (now ranging from €60 to €140) payable to those earning less than €60,000;

• Employees employed with contract workers providing work in the public sector will be paid double their rate (siegha saghtejn) for work carried out on Sundays;

• Free childcare services to employees who work during nights, weekends and on shift;

• COLA increase of €1.75 per week for will be payable in 2022 to all employees, pensioners, those
benefitting from social services as well as a pro-rata increase on student stipends;

• Reduced tax and duty rates will apply on the first €200,000 in respect of the sale or purchase of property that has been leased out for not less than ten years to tenants who are eligible for the Rent Benefit at affordable rates issued by the Housing Authority. If the property is sold to the tenant, capital gains tax
and duty will be exempt. Furthermore, properties which have been leased out for less than ten years but more than three years, will benefit from halved tax and duty rates;

• It is proposed that the student stipends are to increase by 10%. Additionally, as from 1st January 2022, students will be able to work up to a maximum of 25 hours a week whilst still being eligible to receive their stipend;

• The government is proposing a further focus on apprenticeship by investing in new technologies and new laboratories to aid students undergoing placements with the private sector;

• An innovative residence program meeting the need of entrepreneurs who wish to relocate to Malta will be introduced by establishing the new Start-Up Residence Program, offering a visa package to start-up entrepreneurs. Malta Enterprise will be collaborating with the Malta Residency Agency to introduce the
necessary program for individuals coming from countries not within the EU. Individuals who are eligible for this program can apply for this permit and relocate to Malta, benefitting from an advantageous package of opportunities and subsidies;

• Exemption from tax and duty on the first €750,000 on transfers of immovable properties that were build more than 20 years ago and are vacant for more than seven years, or for properties situated in a UCA or which are built in a typical and traditional Maltese style and architecture;

• A further €15,000 or €30,000 grant will be granted for first-time buyers of such properties in Malta or Gozo respectively;

• VAT incurred on expenses incurred when restoring an old building will be refunded up to a maximum of
€54,000;

UPDATES FROM BUDGET 2022

Persons with more than one part-time employment will be given the opportunity to pay NI contributions
on more than one part-time job up to a maximum of 40 hours a week to become entitled for a better
pension;

• Social security pensions increase by a total of €5 weekly inclusive of €1.75 COLA;

• Pensioners who do not qualify for a pension, and who have paid less than five years in national insurance
will receive an annual bonus of €400 per year and those who paid over five years will have their bonus
increase to €500;

• An additional weekly supplement of between €3.47 and €6.50 per week will be paid to those couples
whose yearly income does not exceed €14,318;

• Single persons, including widowed persons with an annual income of less than €10,221 will be paid an
additional supplement of between €4.10 and €5 per week;

• The maximum amount of exempt pension income will be increased to €14,318 and persons claiming
married rates will be entitled to a further tax-free entitlement of €3,600 in respect of income from other
sources;

• Widows’ pensions that do not exceed €10,221 will receive between €10 and €15 in weekly increases
totalling between €520 and €780 per year;

• Service pensioners will receive an additional €200 every year, whereas those pensioners who retired
after 2008 will benefit from a maximum increase in the cost-of-living adjustment of €2.50 per week;

• Parents will be entitled to a €400 bonus for the birth or adoption of a child;

• Children’s disability allowance will be increased by €5 per week;

• Carers’ grant for disabled persons will increase to €500 from the previous €200, whereas those persons receiving the Carer at Home benefit will have their current subsidy of €6,000 increase by a further €1,000 to €7,000 per year;

• The Home Helper of Your Choice subsidy will also increase by an additional €1.50 per week, to €7;

• Means testing on disability assistance will be revised from 1st January 2022;

• Families with children undergoing occupational therapy will receive vouchers so that they can send their children to a private therapy service;

• New Hope Guarantee scheme launched for people with disability who struggle to secure bank loans;

• Individuals employed within the private sector who earn less than €20,000 annually and who work atypical hours (nights, weekends or shifts; in the food and accommodation, administrative services,
manufacturing and transport sectors) will be entitled to an annual €150 in-work benefit. Eligibility for this benefit is limited to employees who have worked for at least 6 months within these sectors;

Liema miżuri se jolqtuk? Il-baġit 2022 mad-daqqa t'għajn - TVM Fost l-iktar miżuri li spikkaw fil-baġit imħabbar illejla mill-Ministru għall-Finanzi, kien hemm dik dwar trasport pubbliku b’xejn għal kulħadd, żieda fil-pensjonijiet u estensjoni ta’ in-work benefits u childcare b’xejn, kif...

https://timesofmalta.com/articles/view/reduced-property-tax-incentives-extended-to-end-of-the-year.879860

Reduced property tax incentives extended to end of the year The first €400,000 of a property's value will continue to be subject to a lower rate of property tax until the end of the year, with the government having extended a measure first introduced last year. Prime Minister Robert Abela said that the incentive had proven so popular that the government...