Salary Calculator Malta
Calculate your take-home salary in Malta
| Results | Yearly | Monthly |
|---|---|---|
| Gross Salary | €0 | €0 |
| Total Deductions | €0 | €0 |
| Take-Home | €0 | €0 |
2024 Salary After Tax Breakdown in Malta
Detailed Breakdown of Taxes and Contributions
With a gross annual income of €0, our Salary After Tax Calculator for Malta estimates your net monthly income to be around €0. This represents approximately NaN% of your gross monthly income deducted as taxes and contributions.
Below is a detailed breakdown of the taxes and contributions deducted from employment earnings in Malta, as calculated by our salary after tax calculator.
| Yearly | Monthly | |
|---|---|---|
| Gross Income | €0 | €0 |
| Total Deductions (NaN%) | €0 | €0 |
| > Social Security Contribution | €0 | €0 |
| > Health Insurance | €0 | €0 |
| > Income Tax | €0 | €0 |
| Take-Home | €0 | €0 |
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.
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.
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.
| 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 |