More than 280,000 workers in Malta have begun receiving another government bonus “to reward hard work,” marking the eighth consecutive year of this initiative. The one-time payment, ranging between €60 and €140, applies to all those employed during 2023. Over the eight-year span, the government will have invested more than €158 million in this measure.
This bonus comes in addition to major tax cuts introduced for all workers. Under the new system, “no worker will pay tax on the first €1,000 per month they earn.” The upcoming 2026 Budget further reduces taxes for working parents. From 2028, a family with two working parents each earning up to €30,000 a year “will not pay a cent in tax for 25 years.” Parents with one child will also benefit — paying no tax on the first €1,500 per month, while those with two children will be exempt on the first €2,500 per month.
The government said it remains committed to protecting workers and families “at a time when other European countries are imposing austerity.” It added that Budget 2026 will support employers through schemes subsidising up to 80% of wage increases in Gozo and 60% in Malta.
🇲🇹 For the latest updates and stories from across Malta, follow News of Malta.
