Hungary vs Malta
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.
ππΊ Hungary β Local Business Tax & Communal Levies
Hungary's 19 counties and 3,177 municipalities levy Helyi IparΕ±zΓ©si AdΓ³ (HIPA β local business tax) on companies at up to 2% of net revenues. This is a major cost for businesses operating in Hungary. Budapest applies the maximum 2%. Municipalities also set property tax (Γ©pΓtmΓ©nyadΓ³) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.
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.
Hungary vs Malta: Key Tax Differences (2026)
π° Income Tax: π²πΉ Malta has a higher top income tax rate (15% vs 0β35%). ππΊ Hungary is more favourable for high earners.
π VAT/Sales Tax: Hungary has a higher consumption tax (5β27% vs 5β18%).
π’ Corporate Tax: ππΊ Hungary offers a lower corporate rate (9% vs 35%), which can influence business location decisions.
π Capital Gains: π²πΉ Malta taxes investment gains at a lower rate (12% vs 15%), benefiting investors.