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BUSINESSTODAY 22 April 2021

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€1.50 THURSDAY 22 APRIL 2021 • ISSUE 104 WWW.BUSINESSTODAY.COM.MT PAGES 6 & 7 PAGE 11 PAGE 3 Editorial PAGE 9 TOURISM KEY TO RECOVERY 2020 market developments for electronic communications and post PAUL COCKS THE Malta Hotels and Restaurants As- sociation is looking forward to working with the Nationalist Party following the publication of the party's 10-year tour- ism plan. e Nationalist Party is proposing a re- duction in VAT to 7% for bars and restau- rants – as in the case of accommodation – as well as for any operators providing tourist services, amongst a number of recommendations on the recovery of the tourism industry. A working document launched yester- day lists more than 100 proposals and cover a 10-year period: two years of re- covery and eight years to enjoy pre-COV- ID-19 levels of profit and success. MHRA president Tony Zahra told Busi- nessToday that he was looking forward to sitting down with the PN for formal dis- cussions on how to help Malta's tourist industry grow in the years to come. MHRA seeking formal talks with PN on party's 10-year tourism industry plan Tax policy: EU solutions to prevent tax fraud and fiscal avoidance MHRA boss welcomes PN's 10-year tourism recovery plan, looks forward to in-depth discussion on sector's future growth MHRA president Tony Zahra

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