Cola Increase 2024 Malta Update. Explore how malta's increased cost of living allowance (cola) in 2024 is affecting residents and businesses. This will increase to €210.73 per.
These measures include a €12.81 per week cost of living adjustment (cola), an increase in the income tax exemption threshold to cover 60% of pension income,. Workers will be receiving a statutory wage increase of €9.90 per week from january, the highest cost of living increase in more than two decades.
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