Malta vs Belgium
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π²πΉ Malta β Local Council Taxes
Malta's 68 local councils (kunsilli lokali) have limited taxing powers β primarily fees for refuse collection, minor local services, and permits. Income tax, VAT, and company tax are all national. Malta is a significant EU financial services hub offering a full imputation dividend tax credit system that can reduce corporate effective tax rates to as low as 5% for non-resident shareholders. Malta has attracted gaming companies, crypto regulation pioneers, and financial services firms with its competitive holding company structures and refund system.
π§πͺ Belgium β Regional & Municipal Income Taxes
Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prΓ©compte immobilier) rates and housing policy incentives. The withholding tax on investment income (prΓ©compte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level β it's regional.
Malta vs Belgium: Key Tax Differences (2026)
π° Income Tax: π§πͺ Belgium has a higher top income tax rate (0β35% vs 25β45%). π²πΉ Malta is more favourable for high earners.
π VAT/Sales Tax: Belgium has a higher consumption tax (5β18% vs 6β21%).
π’ Corporate Tax: π§πͺ Belgium offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
π Capital Gains: π²πΉ Malta taxes investment gains at a lower rate (12% vs 33%), benefiting investors.