Malta Income Tax Calculator 2026

How it's calculated

Article 56 of the Income Tax Act gives every resident computation its own table. Each band has one rate and one fixed subtraction, so once you know the band the tax is one line: chargeable income × the band rate − the band's subtraction. The subtraction folds in the 0% and 15% slices below, so the answer matches working through the bands one slice at a time, with one exception noted below. The law words each band as income that exceeds the lower threshold and is less than the upper one, so a figure such as €16,000.40 belongs to the band above €16,000; the calculator picks the band by its upper bound, which leaves no gaps between bands. At a round threshold such as exactly €16,000 the two neighbouring formulas give the same tax, and the calculator follows MTCA's published table. Chargeable income is income after allowable deductions and after exempt income, not gross pay. For a Married (joint) table it is both spouses' income combined. The rates run 0%, 15%, 25% and 35% above €60,000 in every table; what moves is where each band starts: €12,000 tax-free for Single, €13,000 for Parent, €15,000 for Married, and up to €22,500 for a married couple with two or more qualifying children. The four 2026 family tables carry a nationality condition; if you have not answered it, the result is a range between the family table and the standard one. A couple on the standard Married table who benefit from the pension-income exemption also get a rebate of up to €540 (S.L. 123.204, rule 4), which the calculator subtracts. The exception: for a parent with one child, the Act subtracts €10,270 above €60,000 while MTCA's table subtracts €10,275; from €60,000 up the result shows both. Non-resident rates are not applied.

tax = chargeable income × band rate − band subtraction
(band = the first band whose upper bound is not below the income)

Single band over €16,000 up to €60,000: rate 25%, subtraction €3,400
Example: 30,000 × 0.25 − 3,400 = €4,100.00
Example: 16,000.40 × 0.25 − 3,400 = €600.10

Pension rebate (standard Married table only):
min(€540, 15% × (chargeable income − €15,000), tax)

effective rate = tax ÷ chargeable income

Worked example

Take the calculator's defaults: a Single taxpayer with €30,000 of chargeable income for basis year 2026 (year of assessment 2027). We find the band that €30,000 falls in, multiply by that band's rate, subtract the band's fixed figure, and read off the effective rate.

The effective rate of 13.67% sits well below the 25% band rate because the first €12,000 is taxed at 0% and the next slice at 15%, both folded into the €3,400 subtraction. The same €30,000 gives different bills on other tables: €2,950.00 on Married (joint), €3,800.00 on Parent and €1,125.00 on Married with two or more qualifying children. Those are different households, not options to pick from: the table is set by your circumstances, and a Married figure is for the couple's combined income. Income tax is not take-home pay; social security contributions come off separately.

When your result may differ

This is the income tax from the 2026 resident tables, after the pension rebate where you said it applies. It is not a final assessment. It does not deduct social security contributions (Class 1 for employees, Class 2 for the self-employed), which depend on your category and weekly wage, so "chargeable income less this tax" is not take-home pay. It starts from your chargeable income: working that out from gross pay, and the separate regimes for qualifying overtime and part-time work or the elective 15% rental regime, are outside it. Other tax credits set off after the table, such as the personal retirement scheme credit, are not subtracted, so they would lower the tax shown. A sole parent who meets every condition of article 56(1)(b)(iii) is taxed on the Married table unless a family table is better; the calculator does not offer that route yet, so choosing Parent can show too much tax for them. For a married couple it does not compare joint treatment with a separate computation or separate returns; enter the income that matches the table you choose. It takes your family and residence facts for the whole year and does not handle a part-year change. Figures are exact to the cent before any assessment rounding; the annual rounding rule for year of assessment 2027 was not confirmed. Above €60,000 the parent-with-one-child table carries a €5 conflict between the Act (€10,270) and MTCA's table (€10,275), shown as a range. Your employer's FSS deductions (reported on the FS3 and FS7, which are the payer's forms) are provisional; the annual assessment settles the difference.

Malta tax brackets 2026 (basis year 2026, year of assessment 2027)

Resident individual income-tax tables for basis year 2026 (year of assessment 2027): each band's rate and the fixed subtraction that folds in the lower bands. Each band covers income over its lower figure up to its upper figure. The four family tables carry custody, age and nationality conditions. Chargeable income is income after allowable deductions, not gross salary, and chargeable income less tax is not take-home pay.

Sources & legal basis

Update log

• 2026-02-10 — Updated to basis year 2026 (year of assessment 2027) bands and added the four Budget 2026 child-augmented family tables.
• 2026-06-15 — Added how-it-works explainer, hand-checked worked example, full bands table and official source list; refreshed the most-favourable-computation comparison.
• 2026-09-05 — Correction after the 2026-09-05 Malta review (MT-P1-2): the automatic "most favourable computation" row was removed — eligibility for a family table is not a numeric minimisation; the parent-one-child top-band subtraction follows the enacted €10,270 (MTCA table: €10,275), disclosed as a conflict.
• 2026-09-06 — Astra lead agenda item 9C: removed the remaining "most favourable / lowest-tax" promises from the intro, helper, explainer, example and FAQ (the engine had already stopped naming a winner on 2026-09-05 — eligibility, not the smallest number, decides the table); title and description now name the 2026 tax brackets; brackets table headed and captioned as the 2026 reference (basis year 2026 / year of assessment 2027) with the chargeable-income and take-home caveats. Rates unchanged; the €5 parent-with-one-child conflict above €60,000 keeps its explicit treatment.
• 2026-09-26 — Fortify review (Astra, 2026-09-26) checked against Cap. 123 art. 56 as substituted by Act III of 2026. Fixed: incomes with cents between two bands (e.g. Single €16,000.40) fell through to the top band and showed €0; bands are now chosen by their upper bound, so €16,000.40 gives €600.10. A blank or negative income no longer shows €0 and an unknown table no longer becomes Single. The four 2026 family tables can now be selected, with the nationality condition asked (unanswered = range against the standard table). The S.L. 123.204 rule 4 pension rebate is subtracted on the standard Married table, the non-domiciled €5,000 minimum and non-resident status are handled, and the parent-one-child table shows both the Act's and MTCA's figure from €60,000. FAQ eligibility wording corrected (not over 18 / not over 23, maintenance, spouse's nationality).