The government body in charge of taxation in Malta is the Malta Inland Revenue.
Malta Inland Revenue
Enrico Mizzi Street
Block 4, Vincenzo Dimech Street
Tel.: +356 2296 2296 (Available Monday to Friday, 0800-1630 hrs)
Winter office hours: Monday, Wednesday & Friday: 0800-1530 hrs. Tuesday & Thursday: 0800-1230 hrs.
Summer office hours: Monday to Friday: 0800-1230 hrs.
Malta has dual taxation agreements with many countries, including EU countries, Australia, Canada, the United States, Switzerland, Kuwait, Libya, and the UAE. A full list of participating countries is published by the Malta Financial Services Authority.
Income tax rates in Malta for 2012 are based on income brackets and martial status and parental status.
Income tax is applicable on all taxable income, including employment income. Self employed persons are also subject to these income tax rates.
Tax rates for married persons filing jointly are:
Income tax rates for single persons, or married persons filing separately in Malta, are:
Income tax rates for parents in Malta are:
Income tax rates for non-residents in Malta (this applies to all expats who have not obtained permanent residency/a work license in Malta) are:
You are generally not considered a taxable resident in Malta if:
For the technologically inclined, you can even calculate your taxes in Malta using smart phone apps!
The following income is subject to taxation in Malta:
The following are exempt from taxation in Malta:
Compared to many countries, the personal income tax return process is quite easy in Malta. Income tax returns can be completed by mail, in person at the Inland Revenue Department in Floriana or submitted online. Once registered with the Inland Revenue Department, your income tax returns will be delivered to your mailing address in January. This 3-page return will be accompanied with a brochure that explains how to fill out each part of it.
The deadline for filing tax returns in Malta is June 30 of the year of assessment (the year following the calendar year in which income arises). The tax year-end in Malta is December 31. It is the expat's responsibility to complete, sign, and file their tax return to Malta's Inland Revenue Department by this deadline.
You are exempt from filing taxes in Malta if:
Income taxes are deducted from salaries or pensions. If at the end of any calendar year, you have overpaid or underpaid your income taxes, you will receive an income tax refund or must send a cheque in with your return to make up the difference.
If you are owed an income refund, you will receive notification that your tax assessment has been approved and that a cheque will be issued from the Inland Revenue Department.
Malta falls under the EU VAT (value added tax) regime. The standard VAT rate in Malta is 18%. VAT is 5% for the letting of accommodation, electricity, medical accessories, books and newspapers.
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