Malawi
Individual - Significant developments
Last reviewed - 21 April 2023Effective from 1 April 2023, the following are the changes to the annual personal income tax (PIT) rates:
- First 1.2 million Malawian kwachas (MWK) at 0%.
- Next MWK 4.2 million at 25%.
- Next MWK 24.6 million at 30%.
- Excess over MWK 30 million at 35%.