Malta Salary Calculator 2024
Results:
Gross Salary: €
Estimated Tax: €
National Insurance (10%): €
Net Salary: €
How to Use the Malta Salary Calculator
The Malta Salary Calculator is a free online tool that helps employees estimate their take-home pay by deducting income tax and national insurance from their gross salary.
Whether you're considering a new job offer or budgeting your finances, knowing your net salary is essential. This calculator simplifies the process for residents of Malta in 2024.
How to Use the Malta Salary Calculator
Follow these steps to estimate your net salary:
Step 1: Enter Your Gross Salary
In the input field labeled “Gross Annual Salary (€)”, enter your total yearly income before tax.
Example: If your job pays €30,000 annually, input “30000”.
Step 2: Select Your Tax Status
Use the dropdown menu to select one of the three Maltese tax categories:
- Single: For individual workers with no dependents
- Married: For couples filing jointly
- Parent: For individuals with dependent children
Choose the one that applies to your situation to get an accurate result.
Step 3: Click “Calculate Take-Home Pay.”
After entering the data, press the blue “Calculate Take-Home Pay” button.
Step 4: View Your Results
Your results will appear below, including:
- Gross Salary
- Income Tax (estimated based on 2024 brackets)
- National Insurance Contribution (assumed at 10%)
- Net Salary (Take-Home Pay)
Example Calculation
If you're a single individual earning €30,000 per year:
- Income Tax ≈ €3,885
- National Insurance = €3,000
- Net Salary = €23,115
Important Notes
- Tax brackets are simplified for this calculator.
- Dedications for bonuses, pension, or fringe benefits are not included.
- For exact values, consult the Commissioner for Revenue, Malta.
FAQ: Malta Salary Calculator
What is the Malta Salary Calculator?
The Malta Salary Calculator is an online tool that estimates your annual take-home pay after deducting income tax and national insurance from your gross salary.
Is this calculator accurate?
It provides a very close approximation using the latest (2024) tax brackets, but it's simplified and does not account for unique tax credits or bonuses.
What is the national insurance rate in Malta?
The calculator assumes 10% of gross income for national insurance, which is typical for employees.
Does it work for freelancers or the self-employed?
This version is designed for employed individuals. A version for the self-employed can be developed upon request.
Can I use this on my phone?
Yes! The calculator is fully responsive and works on all modern mobile browsers.