Tax Bracket - Tax Brackets in Malta

Tax Brackets in Malta

Malta has the following tax brackets for income received during 2012

Single Rates:

Taxable income Tax on this income
€0 - 8,500 Nil
€8,501 - 14,500 15%
€14,501 - 19,500 25%
€19,501 and over 35%

Married Rates:

Taxable income Tax on this income
€0 - 11,900 Nil
€11,901 - 21,200 15%
€21,201 - 28,700 25%
€28,701 and over 35%

Read more about this topic:  Tax Bracket

Famous quotes containing the word tax:

    “Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
    —Sébastien-Roch Nicolas De Chamfort (1741–1794)