Contractor Financial Profile Calculator
One dashboard combining net self-employed income, Class 2 SSC, savings rate and target day-rate — no Malta site currently combines these into a single profile.
Estimated net annual income
€44,037
Effective tax rate26.6%
Recommended amount to set aside for tax€15,963
Many contractors save this as a percentage of each invoice paid — consider a separate savings account, since self-employed income has no automatic PAYE withholding.
A Complete Financial Profile for Malta Self-Employed Contractors
Most Malta tax sites offer separate calculators for income tax, Class 2 SSC, and target day rates, leaving you to piece together your own full financial picture. This calculator combines them into one profile: net self-employed income after 2026 income tax and Class 2 SSC, your resulting savings rate, and the day rate you'd need to hit a target income — all from one set of inputs.
What's included in your profile
- Net income after 2026 income tax bands and Class 2 SSC (15%, capped at €29,083.36/year)
- Your resulting savings rate based on entered monthly expenses
- The day rate needed to reach a target net income, factoring in your working-day assumptions
