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2023/2024 PRE-BUDGET CONSULTATIONS

2023/2024 PRE-BUDGET CONSULTATIONS

The 2023/2023 pre-budget consultations have been taken to Mzuzu today. The minister of finance and economic affairs Sosten Gwengwe has revealed that the country has spent over six hundred billion kwacha in settling the national debt. According to the minister, there...

VALUE ADDED TAX (VAT) IN MALAWI

VALUE ADDED TAX (VAT) IN MALAWI

VALUE ADDED TAX (VAT) IN MALAWI What is Value Added Tax? A value-added tax, known in some countries as a goods and services tax, is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production,...

2022/2023 BUDGET COMMENTARY -TAX MEASURES

Tax policy measures for the 2022/2023 budget CUSTOMS & EXCISE Removed Import and excise tax on solar lamps Import and excise tax on solar fridges Import and excise tax on sanitary pads Import duty and excise tax on interchangeable tyre re-treads Import duty and excise...