Juventus vs Villareal ends in close draw

Feb 22 2022

Italian side Juventus managed to hold onto a 1-1 draw against Spanish side Villareal in Spain. This game was the two teams’ first leg of their UEFA Champions League Round of 16 tie. The tie will conclude in three weeks time when Juventus host the Yellow Submarines in Turin in the Allianz Stadium.

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The match started perfectly for Juventus, as new marquee signing Dusan Vlahovic opened the scoresheet within 35 seconds of his Champions League debut. Many, doubted whether Villareal would be able to respond in a positive way but surprisingly they did creating many chances including a Giovanni Lo Celso deflected shot which hit the post and clever back heel from Arnaut Danjuma which forced Juve keeper to an impressive double save. The half ended with Villareal searching for a goal and the Bianconeri hoping to double their lead on the counter.

The second half saw more of the same action, with Villareal creating more chances whilst Juventus trying to control the match with their strong defense and constant counter attacks. The Spanish side found their long time coming equalizer in the 66th minute from an incredible Dani Parejo run and cool finish from the experienced Spanish midfielder. The game ended in a close 1-1 draw, with Villareal ending the game how they started searching to attack and find goals whilst Juventus kept up with their pragmatic approach.

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Tax incentives & €300 grants to youths practicing sport & cultural activities, Grech pledges

Feb 22 2022

In today’s Nationalist Party rally in St. Julian’s, PN leader Bernard Grech revealed the party’s latest proposal, which aims to incentivise sports and cultural activity in Maltese youths and beyond.

Grech stated that a Nationalist government will incentivise athletes training and competing abroad with a reduced tax rate, which will drop to five per cent.

The Nationalist Party leader went on to state that a government, led by himself, will grant €300 to families with children under the age of 18 who practice sports and other cultural activities such as performing arts. Grech went on to highlight that this will be the case, as long as the relevant associations are environmentally and socially sustainable and also practice good governance.

Watch the full rally below:

What do you make of this proposal?

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Marsascala Marina project to stop immediately says Prime Minister

Feb 22 2022

Speaking at a political rally, Prime Minister Robert Abela revealed that the controversial yacht marina project in Marsascala will be stopping immediately.

Abela revealed that he and Infrastructure Minister Ian Borg heard the public express their fears that the recreational joy and relaxation that the marina area brought would be taken away from the citizens.

This, said the Prime Minister, prompted the decision to stop the project immediately. The Prime Minister said that the swimming areas and the cultural heritage of the area were always considered sacred and were never to be jeopardised.

However, to quell further fears, the Prime Minister with the Transport Minister stopped the project.

Addressing his own rally, Opposition leader Bernard Grech referenced the project, saying that he hopes that the Labour leader tells his rally in Marsascala that the project would end.

Photo Source: Moviment Graffiti, Ian Borg FB, Robert Abela FB

Labour Party pledges to lower corporate tax rate to 25%

Feb 22 2022

Taxpayers will see the non-taxable portion of their income increase by €1,700 as part of tax savings proposed by the Labour Party.

For parents, the first €12,000 of income earned will not be subjected to any income tax. This is up from the previous €10,500. In turn, single persons will not be taxed on the first €10,800, whereas married parsons will not be taxed on their first €14,400 income of the year.

This would mean that €60 million more would be left in people’s pockets, with the incentive announced by Robert Abela alongside Finance Minister Clyde Caruana and Economy Minister Silvio Schembri.

Abela said that if Malta and Gozo vote the Labour Party into government, the income tax will be lowered by widening the tax bands. The government would also continue to dish out the annual tax refund cheques for those earning less than €60,000, which is an injection of €24 million annually.

The party is also proposing lowering the corporate tax rate to 25% down from the current 35%, on the first €250,000 profits earned during the year. Silvio Schembri explained that the proposal will help companies save up to €25,000.

Minister Caruana said the proposals will be implemented gradually throughout the legislature. The Prime Minister confirmed that the tax refund cheques for this year mentioned in the budget and the additional €100 to €200 cheques to save off inflation, announced just before the election campaign kicked off, will be posted before the election date.

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