Latvia vs Malta: Income Tax Compared (2026)
Latvia vs Malta: tax rates, brackets, and take-home pay compared side by side.
| Metric |  Latvia |  Malta |
|---|---|---|
| Currency | EUR | EUR |
| Top marginal rate | 20% | 35% |
| Standard deduction | €12,900 | €12,900 |
| Filing deadline | 31 May | 31 May |
Estimated at $75,000 USD-equivalent income
Latvia net income ≈ €64,745 (7.2% effective rate)
Malta net income ≈ €60,991 (12.6% effective rate)
Latvia Pros & Cons
- ✓Lower top tax rate than Malta (20% vs 35%)
- ✓€12,900 standard deduction before tax applies
- ✓Clear filing deadline: 31 May
- ✕Top earners face a marginal rate of up to 20%
- ✕Progressive brackets mean higher earners pay a larger share
Malta Pros & Cons
- ✓€12,900 standard deduction before tax applies
- ✓Clear filing deadline: 31 May
- ✕Top earners face a marginal rate of up to 35%
- ✕Higher top rate than Latvia by 15.0 points
- ✕Progressive brackets mean higher earners pay a larger share
Frequently asked questions
At $75,000 income, how does take-home pay compare?+
On an estimated $75,000 USD-equivalent income, our calculator shows Latvia take-home of roughly €64,745 (7.2% effective rate) versus Malta's €60,991 (12.6% effective rate). Use the calculator above with your own income for a personalized estimate.
Which has the higher top tax rate, Latvia or Malta?+
Malta has the higher top marginal rate at 35%, compared to Latvia's 20%.
What's the standard deduction in each country?+
Latvia's estimated standard deduction is €12,900, while Malta's is €12,900. A larger deduction reduces the income that's actually taxed.
Are these figures exact?+
No — these are estimates generated from a simplified model of each country's published tax brackets, intended for planning purposes. They don't account for every credit, allowance, or surcharge. Always confirm current-year figures with Latvia's and Malta's official tax authorities before making a decision.
Compare Latvia with other countries
Compare Malta with other countries
Figures shown are estimates for the current tax year and do not include every deduction, credit or surcharge that may apply. Always confirm with each country's official tax authority.