Malawi

Individual - Significant developments

Last reviewed - 21 July 2022

Effective from 14 August 2021, the following are the changes to the personal income tax (PIT) rates:

    • First 1.2 million Malawian kwachas (MWK) at 0%.
    • Next MWK 2,760,000 million at 25%.
    • Next MWK 36 million at 30%.
    • Next MWK 72 million at 35%.
    • Excess over MWK 72,000,000 at 40%.