Independent · Budget 2027 · 2026–2028 comparisons
What changes for your money in 2027?
Published tax tables, separate National Insurance and a one-off bonus based on 2025 work income. Not affiliated with the Government of Malta.
Estimated take-home pay, 2027
€25,976.03
€2,164.67 a month, incl. statutory bonuses
Annual deductions: €4,536.49. Effective income-tax rate: 5.3%.
2027 National Insurance rates are not yet published. This estimate uses the latest available 2026 rates and will be updated when official rates become available.
2027 income-tax change versus 2026
−€725.00
Estimated net-income change, 2027 versus 2026: €725.00. Same gross income; NI assumptions shown below.
| Year | Income tax | NI | Net | NI schedule |
|---|---|---|---|---|
| 2026 | €2,353.13 | €2,908.36 | €25,251.03 | 2026 |
| 2027 | €1,628.13 | €2,908.36 | €25,976.03 | 2026 estimate |
| 2028 | €1,201.88 | €2,908.36 | €26,402.28 | 2026 estimate |
National Insurance is included using the latest available published rates. Where rates for a future year are not yet available, the calculator uses the previous published schedule as an estimate. Income tax uses the published rates for the selected year. Years without verified income-tax rates are omitted.
Calculated in your browser; nothing is sent. Rates: MTCA 2026, Budget Speech 2026 pp. 16 to 22, Diskors 2027 pp. 36 to 41. Method
2027 · deductions and recurring net · one-off Super Bonus excluded
2027 · your selected computation · NI not included in this curve
| Gross | Effective tax |
|---|---|
| €0.00 | 0.00% |
| €5,000.00 | 0.00% |
| €10,000.00 | 0.00% |
| €15,000.00 | 0.00% |
| €20,000.00 | 0.00% |
| €25,000.00 | 3.00% |
| €30,000.00 | 5.00% |
| €35,000.00 | 7.86% |
| €40,000.00 | 10.00% |
| €45,000.00 | 11.67% |
| €50,000.00 | 13.00% |
| €55,000.00 | 14.09% |
| €60,000.00 | 15.00% |
| €65,000.00 | 16.54% |
| €70,000.00 | 17.86% |
| €75,000.00 | 19.00% |
Marginal rate 25% applies only to the income in that band, not your entire income.
| Income slice | Rate | Taxable | Income tax |
|---|---|---|---|
| €0–€20,000 | 0% | €20,000.00 | €0.00 |
| €20,000–€30,000 | 15% | €10,000.00 | €1,500.00 |
| €30,000–€60,000 | 25% | €512.52 | €128.13 |
2025 qualifying income · announced payment in Q1 2027 · tax-free
Calendar-2025 work income only, across all work sources. Count each amount once. This is separate from your current salary.
Confirm whether you worked in 2025 and enter that year's qualifying income.
Final eligibility, including employment period and qualifying residence, awaits implementing guidance. Part-year work is not automatically excluded or prorated. Never included in recurring take-home pay.
Budget 2027 speech, printed p. 41 (PDF p. 45)Income up to these amounts is taxed at 0%. Rates for 2026 to 2028 were set in the Budget Speech 2026 (printed pp. 16 to 22) and confirmed in the 2027 speech.
| Computation | 2026 · 2027 · 2028 |
|---|---|
| Joint return with 1 dependent child | 2026€17,500 2027€20,000 2028€22,500 |
| Joint return with 2 or more dependent children | 2026€22,500 2027€30,000 2028€37,000 |
| Parent rates, filing separately, 1 dependent child | 2026€14,500 2027€16,000 2028€18,000 |
| Parent rates, filing separately, 2 or more dependent children | 2026€18,500 2027€24,000 2028€30,000 |
Buyers, landlords, tenants and developers. Separate Budget proposals from existing property rules.
Explore the hubZero-tax bands for married and parent computations with children widen in 2027, as scheduled in the 2026 Budget.
Married, 1 child: zero tax to €20,000. Married, 2+ children: €30,000. Parent, 1 child: €16,000. Parent, 2+ children: €24,000.
Speech printed p. 36 · PDF p. 40
A Super Bonus based on 2025 qualifying income is announced, with a maximum payment of €1,000.
Up to €1,000
Speech printed p. 41 · PDF p. 45
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
A 25% tax rate on retained or reinvested profit is announced for qualifying companies with turnover not above €1 million, compared with 35% on distributed profit.
25% on retained profit
Proposed rules; implementation not confirmed.
Speech printed p. 34 · PDF p. 38
Specified pension categories rise by €10 per week in 2027, a figure that includes COLA.
€10 per week (including COLA)
Speech printed p. 19 · PDF p. 23
For covered construction transactions the buying business, not the supplier, accounts for VAT.
Proposed rules; implementation not confirmed.
Speech printed p. 43 · PDF p. 47
Families with children do: the zero-tax band widens for married and parent computations with children. Single and standard rates for 2027 have not been published yet, so we do not show a 2027 figure for them.
No. It is a one-time, tax-free payment announced for 2027 based on qualifying 2025 work income, subject to implementing eligibility guidance: €1,000 at €12,000 or more, banded down to €500 from €2,000. It does not change your recurring pay.
No. It is announced for retained profits of qualifying companies with turnover up to €1 million, and the detailed rules are still pending.
From the Budget speeches (with printed page references) and MTCA's published rate tables. Each calculator lists its sources.