Salary Calculator Malta
Calculate your take-home salary in Malta
Calculate Your Salary
Your Salary Breakdown
| Component | Annual Amount | Monthly Amount |
|---|---|---|
| Gross Salary | €0 | €0 |
| Total Deductions | €0 | €0 |
| Net Take-Home Pay | €0 | €0 |
About Your Deductions
- Social Security Contribution is calculated based on current 2024 rates
- Income Tax is calculated based on current 2024 rates
- Health Insurance is calculated based on current 2024 rates
2024 Salary After Tax Breakdown in Malta
Detailed Breakdown of Taxes and Contributions
Malta Tax Breakdown 2024
With a gross annual income of €0, our Salary After Tax Calculator for Malta estimates your net monthly income to be around €0.
Here is an itemized breakdown of the deductions applied to employment income in Malta, as precisely computed by our salary after tax calculator:
| Item | Yearly Amount | Monthly Amount |
|---|---|---|
| Gross Income | €0 | €0 |
| Social Security Contribution | €0 | €0 |
| Health Insurance | €0 | €0 |
| Income Tax | €0 | €0 |
| Net Income (Take-Home Pay) | €0 | €0 |
Understanding Your Tax Breakdown
- Your gross annual salary of €0 is subject to 3 main deductions in Malta.
- The largest deduction is Social Security Contribution, at €0 per year.
- Your final take-home pay is €0 per month, or €0 annually.
What is the Minimum Salary in Malta?
According to Malta's Department of Industrial and Employment Relations
In Malta, the national minimum wage is set at approximately EUR 780 per month. This equates to an annual income of approximately EUR 9,360.
After accounting for taxes, social security, and health insurance contributions, an individual on the Maltese minimum wage would net approximately EUR 700 each month. The Maltese minimum wage aims to provide a basic standard of living and is adjusted annually in line with inflation and economic conditions.
Average Salaries in Malta (2024)
The latest data indicates that the average yearly salary in Malta is approximately EUR 21,000. This figure can vary significantly based on factors such as job role, experience level, and the specific industry of employment. The median monthly gross salary in Malta is estimated to be EUR 1,750, with variations depending on the region.
Annual Average
€21,000
Monthly Average
€1,750
In Malta, industries like gaming, finance, and tourism are known for offering competitive salaries. Below is a detailed breakdown of median salaries by region within Malta. Additionally, insights into net salaries after tax deductions are provided to give a better understanding of potential take-home pay.
Salary Ranges by Experience Level
Entry Level
€14,700 - €18,900
Mid Level
€18,900 - €27,300
Senior Level
€27,300+
Regional Salary Variations in Malta
| Region | Monthly Gross Salary | Monthly Net Salary |
|---|---|---|
| Valletta | €2,200 | €1,700 |
| Mdina | €2,100 | €1,650 |
| Sliema | €2,300 | €1,800 |
| St. Julian's | €2,400 | €1,850 |
| Gozo | €2,000 | €1,600 |
Key Salary Insights
- Highest paying region: St. Julian's with average gross salary of €2,400
- Lowest paying region: Gozo with average gross salary of €2,000
- Average take-home pay ratio: 78% of gross salary
- Salary range variation: Up to 20% difference between regions
Important Disclaimer
The information provided by this salary calculator is for general informational purposes only. While we strive to keep the information up to date and accurate, tax regulations and rates can change frequently.
This calculator provides estimates only and should not be considered as financial advice. For accurate calculations and advice tailored to your specific situation, please consult a qualified tax advisor, accountant, or other professional financial expert in Malta.
Tax calculations can be complex and may be affected by various factors not accounted for in this basic calculator. Always verify tax obligations with official sources or professional advisors before making any financial decisions.