Cost of Living Adjustment
Full Timers: Eur 9.90 per week
Part Timers: Eur 0.25 per hour
Minimum Wage
Aged 18 years and over - € 192.73 per week
Aged 17 years - € 185.95 per week
Aged below 17 years - € 183.11 per week
Public & National Holidays for the year 2023:
Vacation Leave Entitlement
An employee with a 40-hour working week is entitled to 208 hours of paid annual leave; that is, 192hrs basic leave entitlement + 16hrs, in lieu of the 2 Public Holidays that fall on weekends. This is calculated on the basis of a 40-hour working week, and an 8-hour working day. If the average normal hours (excluding overtime) calculated over a period of 17 weeks is below or exceeds 40 hours per week, the vacation leave entitlement in hours should be adjusted accordingly, as provided for in the Organisation of Working Time Regulations. When an employee is in employment for less than 12 months, s/he shall be entitled to a proportionate amount of annual leave.
Unless otherwise agreed to in any applicable collective agreement, the employer may utilize up to the equivalent in hours of twelve working days from the annual leave entitlement for the purposes of any type of shutdown.
Tax Rates
Tax on Part-time Work
The tax rate applicable to income from part-time work shall be taxed at the rate of 10%.
Tax on Overtime Individuals working in a non-managerial position and earning an annual base wage of not more than €20,000 will be taxed at the rate of 15% on their first €10,000 of overtime income.
Class One National Insurance Contributions
Class Two National Insurance Contributions
Sickness/Injury Benefit
Submission of Engagement forms and Termination forms to Jobsplus
Manual forms are not being accepted anymore from Jobsplus and effective this year all engagement and termination forms will be submitted online through the Jobsplus portal.
All the clients that have their forms submitted by DFK payroll staff, will be contacted so that they give the authorization to DFK to be able to submit the forms on their behalf. The authorization will be given either with the E-ID certificate or by filling up the delegation of authority form.
Related News
Urgent Family Leave Updates
Strengthening Governance from Within: The Role of Executive and Non-Executive Directors in Family Businesses
Understanding the Complexities of a Family Business
New EU Funding Schemes for Businesses
Micro Invest Scheme
Payroll Adjustments for year 2025
Pedalling for a Purpose: Daniel Borg on the LifeCycle Challenge in Africa
DFK Holiday Closure Announcement!
How do you register a Co-operative in Malta?
