Self Employed & Self Occupied Social Security Rates in Malta
- Self Occupied Persons – persons who earn income from Trade, Business, Profession, Vocation or any other economic activity that exceeds €910 per annum.
- Self Employed Persons – persons who receive income from rents, investments, capital gains or any other income.
- Rates for Class Two Social Security Contributions are based on the annual net profit or income for the year preceding the contribution payment year.
- Persons who in the preceding year did not earn an annual net profit or income exceeding €910 may be eligible for an exemption from the payment of Social Security Contributions in the contribution payment year. An exemption form may be obtained from any Social Security Department district office.
- ¹Part-time self-occupied women, or part-time self-occupied full-time students who have not reached the age of 24, or part-time self-occupied pensioners whose annual income is within the limits indicated in Category SA may opt to pay 15% of the annual net earnings per annum rather than the weekly minimum rate as indicated. If the insured person elects to pay a contribution that is less than that indicated, such contribution may, if the person qualifies for a contributory benefit or a contributory pension, result in the receipt of a reduced contributory benefit or contributory pension.
- ²These reduced rate are applicable for full-time farmers as identified by the Department of Agriculture.
- ³The SP category applies only to single persons who are not self occupied
Concession to pay missing social security contributions
Fgura, Marsa, Qormi, San Gwann, Vittoriosa
Monday to Friday
08:00am – 01:00pm
Siggiewi
Wednesday & Friday
08:00am – 12:00pm
All other offices
Monday to Friday
08:00am – 12:00pm
01:30pm – 04:30pm
Siggiewi
Wednesday & Friday
08:00am – 12:00pm
All other offices
Monday to Friday
08:00am – 12:00pm
Hi Rolan,
When a self occupied person is out on sick leave for a period of say 6 weeks, does he still have to pay his NI contributions for the sickness period?
Thanks.
Self occupied persons do not pay Social Security Contributions after the first 3 days sick leave. The NI contributions are not to be paid when a full week is all sick excluding the first 3 days. To be eligible the blue medical certificates must have been delivered to the Social Services Department.
I started a vat number and will be working full time as self employed. How can I pay the NI contributions? And how much money must I earn before starting to pay taxes?
NI contributions are payable every 4 months April, August and December. The SSC rates may be found on this link. The tax rates may also be found on this other link and the amount of tax on the income varies on whether you may use the Single, Married or Parent rates.
Reference Social Security Contributions (KSS) 2020
To date I have not received the contribution form for KSS payment for January to April 2020. This is my final year of contributions as I turn 63 on November 5th when I become eligible for the retirement pension. I have made payment through this method since June 1992 (category SP – Single persons who are not self-occupied). Can someone please get in touch with me at ******** as I’m quite concerned and do not wish to jeopardize my pension eligibility. Thank-you. (* removed personal information by moderator)
Dear Rita, as of today the 21st April 2020 many have not received the PT1 form, yet you may still proceed with payment so you do not get so concerned by contacting the Inland Revenue Department and they will provide you with your payment reference number for online settlement.
Update: The deadline for the submission of the PT1 Form (Payments of Provisional Tax) for April 2020 has been postponed to the 31st May 2020. The form MUST now be submitted online and NOT in paper format using ONLY the eID system. The Provisional Tax claims on the PT1 Form will not be sent by post. Check it out!Check it out!
As of writing this post it is not clear whether the social security contributions normally paid via the PT1 are also being postponed.
We too did not received the PT1, we were given the payment reference number in order to pay online but we do not know the amount as its the first payment.
In order to work out the social security payments for April 2020 you need to have worked out your profit and loss as self-employed for 2019. The weekly contributions are worked out on the profit for 2019. There are 17 Mondays from January to April in 2020 and the NI Rates Class 2 are on this linkNI Rates Class 2 are on this link.