Issue link: https://maltatoday.uberflip.com/i/741600
maltatoday, SUNDAY, 23 OCTOBER 2016 News 3 Less rental income for minister with 11 apartments CONTINUED FROM PAGE 1 "As I have already explained, the rental income on the properties mentioned, including 2013 and 2014, were declared very clearly in ministerial declara- tions," he said. According to his parliamentary declaration for 2014 in- come, Refalo lists €13,500 in rental income while in 2015 he listed €7,200 – a figure which may correspond to what his 2014 tax form lists as €7,400 in 'professional income' even though it is not listed as 'rental income' in the tax form. Refalo has been economical about the rental value of his individual properties. But he said that up until 2012, the properties were in the hands of his parents, up until the death of his father at the start of 2013, when he inherited the properties. "From then on, these rents were declared for tax, and the tax due was paid. This rental income was also declared in ministerial declarations I submitted from 2013 onwards. Refalo has also declared a total of €693,000 in loans in his last parliamentary declaration in 2015. Yesterday, The Times reported that according to tax re- turns for 2014 and 2015, Labour MP Joe Debono Grech had failed to declare his income from his 20-hour a week con- sultancy job for Anton Refalo. In 2014, the 77-year-old Labour veteran declared an in- come of €51,200, derived from his honoraria as an MP and from two pensions. The same happened in his 2015 decla- ration, in which he declared an annual income of €56,867. Although Debono Grech has been employed as a govern- ment consultant since February 2014, no income sourced from the position appears in his income tax declarations. The Gozo Ministry has previously said that he was receiv- ing a salary of "under €12,000 annually". Refalo's parliamentary declaration listed €13,500 rental income for 2014 and €7,200 in 2015 – a figure which may correspond to €7,400 in 'professional income' he declared in his 2014 income year, even though it is not listed as 'rental income' in the tax form A 48-year-old German woman has died after finding himself in difficulty while swimming at Ras ir-Reqqa, Marsalforn, Gozo. She was diving with a group of peo- ple when police were called at 11am. She was certified dead on arrival at Gozo hospital, but the- exact cause of her death is not yet known Diver dies in Gozo Bottom: Plan shows Sadeen's American University of Malta campus at Dock No. 1 will take over the British and Knights buildings, as well as another building used for a car park