Malta tax calculator
Self-employed tax calculator, Malta
Put in your year's net profit and you'll see what Malta wants from it: income tax band by band, Class 2 social security, and what's actually left. It runs the same engine as the Settlano app, so the figure here is the figure the app would give you.
- Income tax
- not yet
- Class 2 social security
- not yet
- Set aside in total
- not yet
- What's left
- not yet
Type a profit to see the split.
See the working, band by band
| Band | Rate | Your profit in it | Tax |
|---|
Self-employed profit only, no salary, no TA22 election. the current rates. In the app the same engine follows your own profile and your own ledger.
What the two numbers are
Income tax is charged through progressive bands, so no single percentage describes it. The first slice of your profit is taxed at nothing, the next at 15%, and so on up. That's why the calculator shows the bands rather than one rate: the marginal euro and the average euro are taxed very differently, and only one of them tells you what your next job is worth.
Class 2 social security is the one people forget. It's a separate charge at 15% of your net profit, held between a weekly floor and a weekly ceiling. The floor is the part that bites: a quiet year doesn't reduce it below the minimum, so it can cost more than your income tax when profit is low.
What it doesn't do, and why
It starts from net profit, not turnover. Net profit is what's left after the costs you incurred wholly and exclusively to earn the income. Work that out first. A calculator that guessed at your expenses would hand you a confident number built on somebody else's assumptions.
It assumes no salary. If you have a job as well, Malta stacks the freelance profit on top and taxes the increment, so your profit passes through higher bands than the ones shown here. That case belongs on the TA22 page, which compares the flat 10% part-time route against the standard bands.
It doesn't apply TA22, and it doesn't model your first year, where Class 2 starts at the minimum because there's no prior year to charge on. It also says nothing about VAT beyond the threshold line below, because VAT is charged to your clients rather than taken from your profit.
The VAT line, separately
VAT isn't part of this sum, but it's the number that changes your obligations. Cross the Article 11 threshold of calendar-year turnover and you have 15 days to apply to move to Article 10, which means charging VAT and filing quarterly returns. Turnover, not profit, and it's counted by supply date.
The VAT threshold guide has a headroom calculator and the exact provisions.
Where these figures come from
Every number on this page is computed by the tax engine inside the Settlano app, compiled to run in your browser. There's no second implementation here to drift out of step with the product, and no rate typed into a web page by hand.
The rates themselves are read from a single configuration file with its sources recorded against each rule, and the page shows which year it's on and when those rules were last checked. If you want to see the reasoning rather than the arithmetic, the full guide walks through bands, Class 2, provisional tax and the return in the order you meet them.
Common questions
How much tax does a self-employed person pay in Malta?
It depends on your net profit and which rate table you are on. Profit is taxed through progressive bands, and on the single table the first 12,000 euro is taxed at 0%, then 15%, 25% and 35% as the profit rises. On top of income tax you pay Class 2 social security, which is 15% of your net profit inside a weekly floor and ceiling. The calculator on this page shows both, and shows which band each part of your profit fell into.
Is Class 2 social security separate from income tax?
Yes, and it catches people out. They are two different bills with two different rules. Class 2 is charged at 15% of your net profit, clamped between a weekly minimum and a weekly maximum, so a lean year still costs you the minimum and a very good year stops rising at the ceiling. It is due in three instalments, not once a year.
Does this calculator handle expenses?
No, and that is deliberate. It starts from net profit, which is what is left after the costs you incurred wholly and exclusively to earn the income. Work out your profit first, then put that figure in. Guessing at expenses inside a calculator would produce a confident number built on someone else's assumptions.
What if I also have a salary?
Then the answer here is not yours. Malta stacks freelance profit on top of your salary and taxes the increment, so the bands your profit passes through are higher ones. If your self-employment is genuinely part-time alongside a full-time job, look at TA22 instead, which is a flat 10% on the first 12,000 euro of part-time profit.
When do I actually pay it?
Income tax is settled through provisional tax instalments due 30 April, 31 August and 21 December, with the return itself due 30 June. Class 2 has its own three dates. Missing them is what turns a manageable bill into an expensive one.
Settlano does this every time you log a job, so you never have to remember to.
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