Issue link: https://maltatoday.uberflip.com/i/1419860
5 maltatoday | SUNDAY • 17 OCTOBER 2021 Malta budget.gov.mt f r e e p h o n e 8 0 0 7 2 2 0 7 ambjent Planning & Construction No stamp duty or capital gains tax on the sale of properties built over 20 years ago and vacant for over 7 years, properties in UCAs or new properties that have traditional Maltese features on the first €750,000 of the property's price. First-time buyers purchasing properties built over 20 years ago and vacant for over 7 years, properties in UCAs or new properties that have traditional Maltese features get a grant of €15,000. Rising to €30,000 if the property is in Gozo. Those purchasing or already have a property built over 20 years ago and vacant for over 7 years, properties in UCAs or new properties that have traditional Maltese features can receive a VAT grant of up to €54,000 for the first €300,000 on expenses related to restoring and refining their properties. Extension of the scheme on reduction of stamp duty for first-time buyers, second-time buyers and sales of properties in Gozo. Intelligent Planning: new Aesthetics Policy by the Planning Authority. The Planning Authority applied for EU funding for the Building Heritage Restoration Scheme. More enforcement and regulation through new Building and Construction Authority, licensing for building contractors & more reform incentives. Environment, waste management & climate change New urban green areas in Żabbar, Qormi, Ħamrun, and Mosta. San Anton will be given a facelift. Various greening projects: Liċeo San Ġorġ Preca, Romeo Romano, Spencer and Belvedere Gardens. Studies on new green pedestrian spaces in Santa Venera and Floriana. The Environment and Resources Authority & Ambjent Malta will continue work on Management Plans on Natura 2000 sites; intensify the works on Comino, Magħluq ta' Marsaskala, Victoria Lines and Għadira s-Safra. A monitoring board will be set up to assess adherence to the Low Carbon Development Strategy. A €200 million investment in waste-to-energy. Introduction of the Reuse Centre and further exploration on a Repair Centre. GOVERNMENT OF MALTA MINISTRY FOR THE ENVIRONMENT, CLIMATE CHANGE AND PLANNING