Stay ahead of the new year with our comprehensive guide to payroll in 2026. The latest budget introduces significant adjustments, including a COLA increase of €4.66 per week and a revised National Minimum Wage of €229.44. Beyond rates, employers must navigate refined tax brackets for parents and married couples, as well as stricter electronic lodgment...
Malta’s budget for 2023 was presented to the Maltese Parliament by Finance Minister Clyde Caruana on October 24th. The minister’s address was delivered against the backdrop of the first major conflict in Europe in decades and an economic crisis driven by runaway inflation and uncertainty about the war. The budget laid out by the minister...
Anyone earning an income in Malta is obliged to pay their share in Income Tax, Social Security contributions and in some cases, Value Added Tax on those earnings. If you’re in employment, the likelihood is that your contributions are taken care of by your employer. If you aren’t, however, you are responsible for declaring and...
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