Rough tax on €50k salary?

[Tony9066]

Hi all.

I am trying to make a sensible decision. I'm looking at accepting a position in malta, on a 50k euro salary what would the rough tax be?
Also are bonuses taxable there?
I understand you can't give individual tax advise, but a general heads up would be of benefit.
Thanks
Tony

[Edited by Site Admin: topic title changed from "Hi all". Please read the guidelines. - Dave]

[gozomark]

yes, bonuses taxable on standard ta table rates - you will be liable to income tax and social security contributions - the tax and social sec rates are on


http://www.ird.gov.mt/services/taxrates.aspx
http://www.ird.gov.mt/services/sscrates.aspx

[maxine]

But also bear in mind that a €50k salary in Malta would be the rough equivalent of a €75k salary in the UK due to the lower cost of living here. (my approximations)