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Self-employed are giving up

Between January 2011 and May this year there were 1,233 full- or part-time self-employed persons who stopped working because of lack of business.

During the same period there were a total of 3,204 self-employed who stopped working, including 256 who reached retirement age and 259 found other jobs.

Giving the information in reply to a parliamentary question by Opposition MP Anġlu Farrugia, Employment Minister Dolores Cristina pointed out that the number of self-employed people in the period had increasedby 602.

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C Cassar

Oct 16th 2012, 20:07

WRong location and probably wrong business model.

Charles Muscat

Oct 16th 2012, 12:12

Would you do it if it was you, leaving a family behind?

C Cassar

Oct 16th 2012, 13:46

I've done it many times before. I took my family with me and it gave my kids a brilliant education because they lived in 3-4 different countries, made friends there and realise there was a lot more to life than just Malta.

Paul Borg

Oct 16th 2012, 16:56

Professor Cassar, most of those who gave up are over 55 years of age. I emigrated when I was 21 and came back loaded 15 years later. Now this ship is sinking and is dragging everyone down with it.

G. Attard

Oct 16th 2012, 13:43

Agree 100%, and also you can find things 40% cheaper

E Schembri

Oct 16th 2012, 14:52

Retailers are greedy and always want to make quick cash.

After-sales service is no existent, so I agree, I too buy online were possible.

Mr Stephen Borg

Oct 16th 2012, 17:04

Agree with you hundred percent. On eBay not only items are cheaper then locally but the sellers help the buyer when the item gets lost or damaged.

Jay Oatmon

Oct 16th 2012, 09:53

Of course in any country the millions of lower paid pay the majority of the taxes, because they outnumber the wealthy by tens of thousands. 40 euros per week from 200,000 is 8 million but even a tax of 500 euros per week from 5,000 wealthy is only 2.5 million.

Because everyone pays the fuel tax (and can't dodge it) that is why the cost of fuel is so high - even the scroungers must pay.

Steve Schembri

Oct 16th 2012, 10:18

Exactly...after licences, permits, VAT, social contributions, taxes, rent, electricity and gas you realise that you worked a whole week and cannot take anything home.

Gordon Farrugia

Oct 16th 2012, 11:30

very true Mr Mallia....you make EUR20,000 and in reality end up with less than 40% when you take into consideration all taxes/expenses. Is this how the government encourages the self-employed?

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