Salary to Day Rate Calculator
Convert an annual salary into an equivalent contracting day rate using Malta's actual public-holiday count and standard working-day calendar, with a Class 2 SSC view.
Equivalent day rate needed
€207
Underlying net annual income€45,492
Billable days per year220
Converting a Malta Salary into an Equivalent Day Rate
Turning an annual employee salary into a contracting day rate isn't just dividing by 260 — Malta's public holidays, standard working-day calendar, and the different Social Security treatment for self-occupied income (Class 2 SSC at 15% rather than the employee's 10%) all change what day rate is actually needed to match a given salary's net outcome.
How to use this calculator
- Enter the annual salary you want to convert
- The calculator uses Malta's actual working-day count (after public holidays and standard leave) to work out billable days
- It shows the equivalent gross day rate, then applies Class 2 SSC (15%, capped at €29,083.36/year) and the 2026 income tax bands to show the net-equivalent day rate too
