Taxation of resident individuals

Individuals who are ordinarily resident and domiciled in Malta are liable to Malta tax on their world-wide income and capital gains, subject to double taxation relief (see Double Tax Relief).

The tax rates for basis year 2014 (year of assessment 2015) are the following:

Tax Rate (%) Single Taxable Income (€) Married Taxable Income (€) Parent Taxable Income (€)
 0  0 – 8,500  0 – 11,900  0 – 9,800
15 8,501 – 14,500 11,901 – 21,200 9,801 – 15,800
25 14,501 – 19,500 21,201 – 28,700 15,801 – 21,200
29 19,501 – 60,000 28,701 – 60,000 21,201 – 60,000
35 60,001+ 60,001+ 60,001+

Taxation of non-resident individuals

Non-resident individuals are liable to tax on Malta-source income and foreign income (excluding capital gains) that is remitted to Malta. The tax rates are the following:

Tax Rate (%) Non-Resident Taxable Income (€)
0 0 – 700
20 701 – 3,100
30 3,101 – 7,800
35 7,801+