The Nationalist Party has rolled out more fiscal pledges today to compete with Labour’s bonanza. The Nationalist Party is pledging to bring down income tax for corporations from 35% to 25% and to 15% for micro-enterprises. The Labour government has already announced it will be reducing corporate and income tax to 25%.
The Nationalist Party is also pledging to remove VAT for those earning under €70,000, and to fully fund the training and education of all employees.
Earlier this week, the Nationalist Party launched its new tax reduction pledges which will include, no income tax bawl €15,0000, married couples earning from €19,000 below will have no income tax, parents with two children would pay no tax on the first €35,000 while families with three or more children would benefit from significantly lower effective tax rates up to €80,000 income
PN is also pledging to remove succession and inheritance taxes.
Separately, PN has also pledged a €350 million investment to create a culture hub in Marsa, including with a new fairs and conventions centre.
You can watch the full press conference here.
Newsroom
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