By:

Preeo Software

Konnekt Malta Tax Calculator

Updated with the latest 2017 Tax RatesKONNEKT Malta Tax Calculator allows users to calculate their net salary, income tax and social security contributions by inputting their gross salary and any additional cash benefits. This app uses the latest data from the Inland Revenue Department in Malta, Europe, to calculate the net salary. The Malta Tax Calculator provides data distributed into the following categories:✔ Gross Salary - Monthly salary inclusive of tax and social security contributions; exclusive of benefits✔ Total Gross - Monthly salary inclusive of tax, social security contributions and benefits✔ Tax - Tax owed based on the gross salary, according to the latest Inland Revenue Tax bands.✔ SSC - Social Security Contributions owed based on the gross salary, according to the latest Inland Revenue SSC rates.✔ Taxable Gross - Monthly salary inclusive of tax, social security contributions and any tax owed pertaining to benefits.✔ Net Salary - Monthly salary exclusive of tax, social security contributions and tax owed pertaining to benefits; inclusive of benefits. Net salary can be viewed in yearly, monthly or hourly format. The application is available in English and is relevant to salaries calculated for Malta, Europe.

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