Malta has lowered the tax rate to 7.5% for representatives of creative professions. The benefit is available to individuals engaged in artistic activities on a self-employed basis. Actors, choreographers, musicians, sculptors, painters, and writers can reduce the fiscal burden in Malta.
It is important to note that the 7.5% rate in Malta only applies to the first €30,000 of turnover.
For example, if a professional earned €40,000 in a year from creative activities, he must pay tax at a reduced rate of 7.5% on only €30,000, i.e. €2,250. He must add the remaining €10,000 to his basic income , for example, salary or pension, and pay tax at a rate that depends on your total income.