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MT Tax 2023

# Malta VAT Calculator 2023

The Malta VAT Calculator is designed to allow free online calculations for goods, services and products which are subject to VAT (Value Added Tax) in Malta in 2023, if you would like to calculate VAT in Malta for a different tax year then please select the relevant year from the available VAT calculators. The calculator allows quick VAT calculations and more detailed VAT calculations with multiple items, product/service descriptions with a running total so you can see the VAT due on each product/service and the total VAT due in Malta in 2023. Once you have calculated the VAT due, you can print the document or email the VAT document to yourself for later reference.

Malta VAT Calculator 2023
What would you like to do?
 Product/Service Price + VAT Due = Total Price inc. VAT
Malta VAT Table
DescriptionPriceRateVATTotalDelete

TotalPriceVATTotal
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## How to calculate VAT in Malta in 2023

You can calculate VAT in Malta by multiplying the product or service price by the appropriate VAT rate. We have included the VAT formula for Malta so that you can calculate the VAT manually or update your systems with the relevent VAT rates in Malta. The latest VAT rates in Malta for 2023 are displayed in the table below the VAT formula. For those who prefer to use the Malta VAT Calculator rather than calculate VAT manually, we have included a step-by-step guide to using the calculator for quick VAT calculations and more detailed VAT calculations which include multiple products and or services (see the guides under "How to use the Malta VAT Calculator").

## VAT Tax Years available for Malta

We currently support the following tax years for VAT calculation in Malta, if you require additional tax years, please get in touch and we can add them to the list of available tax years.

### Malta VAT formula

Value Added Tax in Malta is calculated using the following VAT formula:

VAT = a x (b / 100)

Where:

• a = The product/service that is subject to VAT in Malta.
• b = The relevenat rate of VAT in Malta associated with the product/service.

### VAT Rates in Malta

The table below specifies the relevent VAT rates applicable in Malta, these were last updated in line with the published VAT rates in 2023.

Malta VAT Rates
VAT RateVAT Description
0%Zero Rated
5%Reduced Rate
7%Reduced Rate - Hotel accommodation; use of sporting facilities
18%Standard Rate

## How to use the Malta VAT Calculator

You can view the calculator inline or full screen. The inline view displays the calculator surrounded by the normal menus and links to other tools and supporting information. The full screen view removes or the unnecessary information so you can focus solely on using the Malta VAT Calculator. The following step-by-step guides to calculating VAT online with the Malta VAT Calculator covers all the functions within the VAT calculator:

### How to complete a Quick VAT Calculation

1. Select "Quick VAT Calculation".
2. Enter the Product/Service Price.
3. Enter the Appropriate VAT Rate.
4. Press "Calculate VAT".

The Malta VAT Calculator will provide a table which specifies the product/service price, the product/service VAT amount due and the total cost of the product or service in Malta. You can print/email this table as required.

### How to complete a Detailed VAT Calculation

1. Select "Detailed VAT Calculation".
2. [Optional] enter the name of the product or service for which you wish to calculate VAT.
3. Enter the number of units being sold (3 bags, 5 pallets of goods, 2 new cars, 1 annual tax return etc.).
4. Enter the price of the product / service detailed in step 3.
5. Select the relevent VAT rate that applies to your goods, product or service in Malta
6. Click "Add to VAT Table"

Malta VAT Calculator will add your product/service to the Malta VAT Table. You can then add more product and/or services as required. Each time you add new information, the total amount will be updated so you can see the total costs of goods, products and services in Malta inclusive and exclusive or VAT.

If you make a mistake or simply want to remove an entry from the Malta VAT Table, click on the "Del" button adjacent the line entry that you wish to remove. When items are removed from the VAT table, the calculator will automatically update the associated figures and recalculate VAT, total cost of goods etc.

Please note that the Malta VAT Calculator is designed to allow you to toggle between quick and Detailed calculations without losing any data that you add to the Detailed VAT Table. This is useful if you need to check the individual VAT amount on one unit (a single product or service) before adding it to the list of items in the VAT table.