Malta's Commissioner for Revenue has announced the new income tax rates for resident individuals in 2025. This includes the following individual income tax brackets/rates with increased exemption thresholds as per the 2025 Budget:
- Single:
- EUR 0-12,000 - 0%
- EUR 12,001-16,000 - 15%
- EUR 16,001-60,000 - 25%
- EUR 60,001 and over - 35%
- Married:
- EUR 0-15,000 - 0%
- EUR 15,001-23,000 - 15%
- EUR 23,001-60,000 - 25%
- EUR 60,001 and over - 35%
- Parent:
- EUR 0-13,000 - 0%
- EUR 13,001-17,500 - 15%
- EUR 17,50…