Francis J. Vassallo & Associates Limited

Tax Rates for Malta Residents

Personal income tax is levied at progressive rates of tax according to stipulated tax bands as indicated hereunder:

Sigle Rates

Married Rates

Chargeable Income

Tax Rate

Deduct €

Chargeable Income

Tax Rate

Deduct €

€ 0 - 8,150

0

€ 0.00

€ 0 - 11,400

0

€ 0.00

€ 8,151 - 14,000

15%

€ 1,222.50

€ 11,401 - 20,500

15%

€ 1,710.00

€ 14,001 - 19,000

25%

€ 2,622.50

€ 20,501 - 28,000

25 %

€ 3,760.00

€ 19,001 & over

35 %

€ 4,522.50

€ 28,001 & over

35 %

€ 6,560.00

Tax Rates for Non Residents

Taxable Income Income €

Tax Rate

Tax Deduct

€ 0 - 700

0%

€0

€ 701 - 3,100

20 %

€140

€ 3,101 - 7,800

30 %

€450

Over € 7,801

35 %

€840