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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.

Resident rates

Tax rates for resident married persons opting for a joint computation for basis year 2011 (year of assessment 2012).  

Tax rates for resident single persons and married couples opting for separate computations

Tax rates for resident parents with children up to 18yrs in their custody (or up to 21yrs if they are in tertiary education) where the children are not gainfully employed.  

Non-resident rates

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

Employment outisde Malta

Employment income paid in terms of an employment contract requiring the performance of duties wholly or mainly outside Malta is subject to a flat rate tax of 15%. The 15% tax rate is optional.

Returned Migrants

Returned migrants are taxed at 0% for the first € 5,900 if married and for the first €4,200 if single. Excess income is taxed at a flat rate of 15%, subject to a minimum annual tax liability of €2, 325 after double taxation relief.  Local earned income is taxed at resident rates without the tax free bracket.

Foreign professionals working in Malta

Foreigners who take up employment in Malta in target sectors qualify for a 15% tax rate on their employment income. 

High Net Worth Individuals 

Foreign individuals who take up residence in Malta qualify for a 15% tax on their foreign income that is remitted to Malta.

For further information please contact Dr Damien Fiott or Dr Antoine Fiott.