Only one Budget measure directly concerns the voluntary sector – MCVS

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Only one Budget measure directly concerns the voluntary sector - MCVSIn a statement on Friday regarding Budget 2021, the Malta Council for the Voluntary Sector noted that the emphasis was on the social aspect due to the present situation of the pandemic.

The Council said that one aspect the voluntary sector will benefit from is the extension of the Wage Supplement which should also be extended to the same Voluntary Sector.

However, the Council said that it was disappointed to note that the only measure that directly concerns the voluntary sector is the exemption of Income Tax to Voluntary Organisations which do not have more than €50,000 in annual turnover.

It pointed out that “this band of organisations is already practically exempt from income tax due to the fact that they are not taxed.”

The Council reiterated that this “lack of awareness of the needs of the sector as the third pillar of the economy is a direct result of the fact that for several administrations the Malta Council for the Voluntary Sector, which is the legitimate representative of the Voluntary Sector, was left out of the MCESD.”

The Malta Council for the Voluntary Sector concluded by saying that “despite the fact that it appears that there is currently an agreement between the two sides in Parliament for the Malta Council for the Voluntary Sector to find its place in the MCESD, this step is taking time to be carried out to the detriment of the -Volunteering and its interests.”

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