Budget 2027AnnouncedBudget measure
Cost of living adjustment (COLA) 2027
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
Budget measure
Pension income tax threshold 2027
A pension-income tax threshold of €37,624 per year is announced in the specific pension context set out in the speech.
Budget 2027Rules pending
Amount
€37,624 per year
Previous
No direct comparator
Effective from
Awaiting guidance
What it means
This threshold should not be generalised to people who combine pension income with work earnings until the full rules are available.
Affects: Pensioners.
Who qualifies and what is excluded
- Applies in the pension-income context described.
Still to be confirmed
- Treatment of mixed pension and employment income.
Sources
- Diskors tal-Budget 2027, Ministry for Finance (Malta), 2026-10-26. Printed p. 21 (PDF p. 25)
Related measures
Budget 2027AnnouncedBudget measure
Pension increase 2027
Specified pension categories rise by €10 per week in 2027, a figure that includes COLA.
€10 per week (including COLA)
Speech printed p. 19 · PDF p. 23
Budget 2027AnnouncedBudget measure
Carer at Home grant 2027
The Carer at Home grant is announced at €9,800 per year for 2027, up from €9,000 per year in 2026.
€9,800 per year
Speech printed p. 23 · PDF p. 27