Information
RESIDENT TAX RATES
Single rates* - 0% €0 - 9.1K
15% €9.1K - 14.5K
25% €14.5K - 60K
35% €60K & over
Married rates* - 0% €0 - €12.7K
15% €12.7K - 21.2K
25% €21.2K - €60K
35% €60K & over
Parent rates* 0% €0 - 10.5K
15% €10.5K - 15.8K
25% €15.8K - €60K
35% €60K & over
* applicable for Y/A2021 (basis 2020)
Note: different brackets and rates may apply to previous years
COMPANY TAX RATES
35% - Corporate rate applicable to all companies
VAT RATES
18% - Full rate - unless prescribed
7% - Licenced accommodation
5% - Reduced - as prescribed
REFUNDS FOR FORIEGN OWNED COMPANIES
The ACIT regime provides for the following refunds:
- 5/7 of Malta tax paid (25%) on passive income
- 6/7 of Malta tax paid (30%) on trading income
- Full exemption (35%) or particpating exemption in situations of participating holdings
