Employee Bonus & Weekly Allowance in Malta
Full-time employees’ statutory bonus & weekly allowance entitlement in Malta [2007 to 2023]
|
Full Payment |
Period |
Entitlement |
Calculated |
Payable |
[2016-2023] € 121.16
|
October- March |
Pro-rata on the rate per week for part of a week in employment |
€4.66 per week |
Last working day of
|
€ 135.10 |
January – June |
Pro-rata on the number of days in employment |
€0.74 per day including Saturdays & Sundays |
Between the
|
[2016-2023] € 121.16
|
April – September |
Pro-rata on the rate per week for part of a week |
€4.66 per week |
Last working day of
|
€ 135.10 |
July – December |
Pro-rata on the number of days in employment |
€0.74 per day including Saturdays & Sundays |
Between the
|
Part-time employees’ statutory bonus & weekly allowance entitlement in Malta [2007 to 2023]
|
Pro-Rata |
Period |
Entitlement |
Calculated on |
Payable |
[2016-2023] € 121.16
|
October- March |
Pro-rata on the rate per week for part of a week in employment as compared to a full-time employee based on a 13 week (October – March) worked average |
€4.66 per week |
Last working day of
|
€ 135.10 |
January – June |
Pro-rata on the number of days in employment as compared to a full-time employee based on a 13 week (period January – June) worked average |
€0.74 per day including Saturdays & Sundays |
Between the
|
[2016-2023] € 121.16[2007-2015] € 121.13 |
April – September |
Pro-rata on the rate per week for part of a weekas compared to a full-time employee based on a 13 week (April – September) worked average |
€4.66 per week |
Last working day of
|
€ 135.10 |
July – December |
Pro-rata on the number of days in employment as compared to a full-time employee based on a 13 week (July – December) worked average |
€0.74 per day including Saturdays & Sundays |
Between the
|
Statutory bonus & weekly allowance entitlement for pensioners in employment in receipt of an old age pension in Malta
Employers of pensioners in receipt of an old age pension are obliged to pay the statutory bonus and weekly allowance as they would pay full-time and part-time employees (see Full-Timer & Part-Timer Tabs on this page).
Taxable bonuses and allowances
Bonuses and allowances are included in the employee’s payslip and are taxable according to the applicable employee’s tax rates.
Hello, I started working from the month of January 2024. Am I entitled to the bonus of March 2024.
Please guide me! Thank you in advance!
The bonus of March 2024 is for the period October 2023 to March 2024. You are therefore entitled to a pro-rata bonus, from January to March 2024.
I am working full time.
How I can collect my bonus?
Bonus is payable to the employee by the employer. Self-Employed persons in Malta therefore get no bonuses.
If you stopped working and you stayed a month without a job will you get the December bonus. I stopped in October and started another job in November. Thanks
Yes you will get your December Bonus pro-rata from your new employer for the weeks worked from November to December. For more details on bonuses in Malta visit this page.
Do the statutory bonus and weekly allowances change the amount of social security contributions deducted from the gross wage? The income tax deducted for March, June, September and December will be higher, but will the bonuses also affect how much N.I. is deducted from the wage for the same months?
The answer is NO. The NI deductions are calculated on the Basic Weekly Wage.
Can you let me know if you receive the COLA Bonus in the probation period of your employment?
Yes all four Bonuses (March, June, SEptember and December) are due to the employee during the probation period.
If say I have a full time job in the public sector and a part time job somewhere else, am I allowed for 2 pro-rata bonuses, one from the full time and another from the part time, for the same period? (eg in June am I eligible to receive my bonus from only the full time job or from both)
Bonuses of March, June, September and December are payable by the main employer. If you work also part-time you are entitled to pro-rata bonus from your part-time employer.
Hi! I’m in very strange situation, could you please help me? I’m working for a Maltese Company. I wasn’t paid this Bonus neither Allowances. I’ve been in this company since beggining of June 2012. Could you please help me calculate how much?
You are entitled to your Bonuses and Allowances by law. Check out this link for a list of these bonuses throughout the years and ask for them from your employer. If these are refused by your employer contact the Labour Office.
Hi. I have been registered since January 2020. What amount of state bonus do I have to receive from my employer?
Your employer is obliged by law to give you, if eligible, 4 bonus during the year and the amounts are based on whether you are fulltime or parttime and whether you have worked a full year or not. For more information on how to work this out check our dedicated page
Is the government bonus taxable? My employer charged me taxes from the last three bonus. For example for March 2020 instead of the full bonus of €121.16 I got only a net after tax of €98.
Yes that is correct, bonuses in Malta paid to employees by the employer are taxable in the hands of the employee and this is to be recorded on the payslip.
For more information check our dedicated page
If an employee is on unpaid leave, does he have right to take full government Bonus?
Follow this link: https://yesitmatters.com/malta-covid19-conditions-of-work-during-covid/
I work 20 hours a week, Part time. End of employment is 20th March. How do I calculate my statutory bonus please?
As it seems that full and part-time is same rate per week?
Thanks
The Bonus for the periods January to 20th March and October to 20th March in your case are payable pro-rata when compared to a 40 hour week.
Follow the instructions on this link.