Malta – Tax Table and Social Security Changes
Article Navigation
The Minister of Finance for Malta delivered the 2025 budget speech. The budget speech proposes the following tax measures:
Tax Table Changes
‘Single’ / Separate Computation
| 2024 Income Bracket | 2025 Income Bracket | Applicable Tax Rates | Maximum Tax Saving |
|---|---|---|---|
| € 0 - € 9,100 | € 0 - € 12,000 | 0% | €435 |
| € 9,101 - € 14,500 | € 12,001 - € 16,000 | 15% | €585 |
| € 14,501 - € 19,500 | € 16,001 - € 60,000 | 25% | €585 |
| € 19,501 - € 60,000 | € 16,001 - € 60,000 | 25% | €675 |
| € 60,001 and over | € 60,001 and over | 35% | €675 |
‘Married’ / Joint Computation
| 2024 Income Bracket | 2025 Income Bracket | Applicable Tax Rates | Maximum Tax Saving |
|---|---|---|---|
| €0 - €12,700 | €0 - €15,000 | 0% | €345 |
| €12,701 - €21,200 | €0 - €15,000 | 15% | €525 |
| €21,201 - €28,700 | €23,001 - €60,000 | 25% | €525 |
| €28,701 - €60,000 | €23,001 - €60,000 | 25% | €645 |
| €60,001 and over | € 60,001 and over | 35% | €645 |
Parent Computation
| 2024 Income Bracket | 2025 Income Bracket | Applicable Tax Rates | Maximum Tax Saving |
|---|---|---|---|
| €0 - €10,500 | €0 - €13,000 | 0% | €375 |
| €10,501 - €15,800 | €13,001 - €17,500 | 15% | €545 |
| €15,801 - €21,200 | €17,501 - €60,000 | 25% | €545 |
| €21,201 - €60,000 | €17,501 - €60,000 | 25% | €650 |
| €60,001 and over | € 60,001 and over | 35% | €650 |
Changes in social security contribution
Following the increase in the minimum wage €213.54 to €221.78 per week, Malta’s Commissioner for Revenue has published the social security and maternity fund contributions for the 2025 tax year.
Class 1 categories and rates are mentioned below:
| Category | Description |
|---|---|
| A | Persons under 18 years of age earning not more than the amount indicated below. |
| B | Persons aged 18 and over, earning not more than the amount indicated below. |
| C | All persons whose basic weekly wage is between the amounts indicated below |
| D | All persons whose basic weekly wage is equal to or exceed the amount indicated below. |
| E | Students * under 18 years of age. |
| F | Students * 18 years and above. |
*Students who are following a full-time course of studies or instruction under the student-worker scheme, or other similar schemes (including the extended skills training schemes but excluding the worker-student schemes) involving distinct work and study periods for which they are receiving remuneration.
| Category | Basic weekly wage from (€) | Basic weekly wage to (€) | Employee Rate (%) | Employer Rate (%) | Total | Maternity (%) |
|---|---|---|---|---|---|---|
| A | 0.10 | 221.78 | 6.62 | 6.62 | 13.24 | 0.20 |
| B | 0.10 | 221.78 | 22.18* | 22.18 | 44.36 | 0.67 |
*Or if the employee chooses, 10% of the basic weekly wage. This rate of contribution entitles the contributor to pro-rata contributory benefits.
Rates for persons born up to 31st December 1961
| Category | From | To | Employee Rate (%) | Employer Rate (%) | Total | Maternity (%) |
|---|---|---|---|---|---|---|
| C | 221.79 | 451.91 | 10 | 10 | n/a | 0.30 |
| D | 451.92 | n/a | 45.19 | 45.19 | 90.38 | 1.36 |
Rates for persons born from 1st January 1962 onwards
| Category | From | To | Employee Rate (%) | Employer Rate (%) | Total | Maternity (%) |
|---|---|---|---|---|---|---|
| C | 221.79 | 544.28 | 10 | 10 | n/a | 0.30 |
| D | 544.29 | n/a | 54.43 | 54.43 | 108.86 | 1.63 |
Rates for persons born from 1st January 1962 onwards
| Category | From | To | Employee Rate (%) | Employer Rate (%) | Total | Maternity (%) |
|---|---|---|---|---|---|---|
| E | n/a | n/a | 10% (Max 4.38) | 10% (Max 4.38) | n/a | 0.30% (Max 0.13) |
| F | n/a | n/a | 10% (Max 7.94) | 10% (Max 7.94) | n/a | 0.30% (Max 0.24) |
Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change.
View PDF
Malta - Changes To Income Tax Tables1.80 MB