Budget 2009 - Highlights

The Minister of Finance introduced his budget for 2009 witha summary of the challenges that Malta has faced and overcome in the past two decades and recognition of the difficult economic circumstances currently prevailing world-wide. In this scenario , the Budget for 2009 is based on theprinciples of the responsibilty , sustainibility and solidarity.Goverment's to achieve a balanced budget by 2010 has been postponed by a year to 2011.

Budget 2009 - Fiscal Measures

In this year’s Budget Speech,Government announced a number of fiscal measures, including initiatives that seek to safeguard the environment and promote investment, as well as a marginal widening of the personal income tax bands following the last two years’ more significant revisions. Government also unveiled the much-anticipated new Vehicle Registration Tax system.

Individual Income Tax Rate Survey 2008

KPMG’s International Executive Services practice has provided insights into personal tax trends by conducting their first cross-border survey with historical data from 2003 to 2008 in their new report, Individual Income Tax Rate Survey 2008.

Frontiers in Finance - Appreciating People

People are our greatest asset.” How many times have we heard business leaders say this? Despite the fact that such words can sound trite, or that they liken human beings to impersonal objects – a likeness perpetuated by the term ‘Human Resources’ – a company’s employees are indeed vital assets, to be developed and used along with other assets such as property, brand and customer base. “

Sustainable IT - The Case for Strategic Leadership

The purpose paper is to provide a practical discussion about sustainable information technology (IT) and key ideas in the industry at present.

The Audit Committee Journey

Audit committee members tend to be skeptics, so it is indeed a good sign that nine out of ten audit committee members we surveyed this year said their audit committees are more effective today than when Sarbanes-Oxley (S-O) was enacted in 2002. Half said they are much more effective.