Alternattiva Demokratika – The Green Party has expressed its support of the European Parliament vote in favour of reduced VAT rates within the EU. The European Greens are clearly in favour of this directive.

Prof Arnold Cassola, AD Chairperson, said, “In practical terms, there is a possibility for applying reduced VAT rates in targeted sectors of locally supplied goods and intensive-labour services to private end-users such as restaurants on a permanent basis. If formally approved by European Ministers, the directive will extend to the entire housing sector and services related to it in addition to social services already being covered by the existing directive. Besides, the reduced VAT rates can be applied to to renovation and repair work aiming at increased energy-saving and efficiency and to products such as CDs, babies’ nappies and services such as landscaping.”

Michael Briguglio, spokesperson for Social and Economic Development, added, “Reduced VAT rates on such goods and services are most welcome to help kick-start European economies, create jobs and reduce prices. This falls in line with the vision of the Greens, who are promoting a new Green Deal for the EU which is estimated to create 5 million jobs in areas such as those covered by the revised European directive on VAT. AD strongly urges the Maltese Government to support the revised directive.”

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