2024 Cola Increase Malta

2024 Cola Increase Malta. The united kingdom is among a. Cola up to €12.81, to remain taxed.

Each year, an increase in the weekly salary of all employees is announced during the budget, referred to as the cost of living adjustment (cola) mechanism. “if the current rate of inflation persists, an increase in cola of €13 for 2024 will definitely have an adverse effect on many businesses,” said joe farrugia, director of the malta.