News

MDA insists its Budget proposals as agreed before general election

Saturday, September 16th, 2017

The Malta Developers Association presented a substantial document with concrete proposals for Budget 2018, some of which can be implemented immediately.

MDA President Sandro Chetcuti, who headed a delegation of Council members, augured that the Prime Minister and his Government would continue to achieve further progress and success in its endeavours to take the country to the next level. He praised Government’s initiatives that have truly brought the best of times in terms of employment and a booming economy.

Read more »

Both PN leadership contenders request meeting with MDA

Sunday, September 10th, 2017

The two Nationalist Party leadership contenders, Dr Adrian Delia and Dr Chris Said, held separate meetings with the Malta Developers Association Council. The meetings, held at the request of the two candidates, turned out to be two long, fruitful discussions.

Both Dr Delia and Dr Said acknowledged the good work of the MDA and its highly valid contribution to the country.

Read more »

older news

MDA welcomes the implementation of Budget measure on property valuation

The Malta Developers Association welcomes the implementation of the measure announced in the Budget Speech last year that terminates the system whereby the Inland Revenue Department sends its own architect to estimate the value of a property after a property transfer contract is concluded.

This step will continue to contribute to a lessening of the uncertainty of the property market since the property’s value subject to tax will now be determined according to fixed parameters according the the property’s characteristics, which can be applied by any architect.

The MDA, which had asked for this change in the system, feels that it should publicly express its appreciation towards the Minister of Finance, who implemented this Budget measure, as well as to the contribution given by the Chamber of Architects and the Notarial Council, which together with the Government drew up the new system.

12 November, 2014

———————

L-MDA tilqa’ t-twettieq tal-miżura dwar il-valur tal-proprjetà li tinxtara

Il-Malta Developers Association(MDA) tilqa’ t-twettieq tal-miżura li tħabbret fid-Diskors tal-Baġit tas-sena li għaddiet u li permezz tagħha issa spiccat is-sistema li biha d-Dipartiment tat-Taxxi Interni jibgħat il-perit tiegħu biex jistma’ l-valur tal-proprjetà wara li jkunu saru kuntratti ta’ bejgħ.

Dan il-pass se jkompli jghin biex tonqos l-inċertezza fis-suq tal-proprjetà peress li l-valur tal-proprjetà suġġett għat-taxxa issa se jkun jista’ jiġi determinat minn parametri fissi skond il-karatteristici tal-proprjetà u li jistgħu jkunu applikati minn kull perit.

L-MDA, li kienet talbet din il-bidla hi stess, tħoss li għandha tesprimi pubblikament l-apprezzament tagħha lejn il-Ministru tal-Finanzi, li wettaq din il-miżura imħabbra fid-Diskors tal-Bagit tas-sena l-oħra, kif ukoll l-apprezzament tagħha għas-sehem li taw il-Kamra tal-Periti u l-Kunsill Nutarili biex flimkien mal-Gvern tfasslet is-sistema l-ġdida.

 

12 ta’ Novembru, 2014

————————–

Sponsors

Platinum Sponsor

Motors Inc Iveco

Gold Sponsors