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Home 2020 October

Month: October 2020 Posts

Taxation Amendment Bill passes in Parliament

Oct 19, 2020 Mwayi Mkandawire 0 &
Parliament has today passed the Taxation Amendment Bill which legalizes the increase of tax free band from K45,000 to K100,000. The increase of the tax band is effective October, 2020. The bill has also introduced… ...

Continued delay to implement K100,000 tax free band irks Malawians

Oct 15, 2020 Malawi24 Reporter 0 &
The Tonse Alliance government has come under fire from Malawians  over the continued delay to implement the K100,000 tax free band. The implementation of the tax free band was one of the key campaign promises… ...

MRA accused of favouring Malawians of Asian origin on tax evasion

Oct 13, 2020 Russell Kondowe 0 &
The Malawi Revenue Authority (MRA) has been accused of treating fairly Malawians of Asian origin suspected of tax evasion while indigenous Malawians are punished harshly. Centre for Democracy and Economic Development Initiatives (CDEDI) has made… ...

MRA says Mzuzu man committed customs offences

Sep 25, 2020 Malawi24 Reporter 0 &
The Malawi Revenue Authority (MRA) says the importer whose dead body was taken to Mzuzu MRA offices on Thursday committed customs offences hence his goods were seized but they have since been released. The importer… ...

Mourners take dead relative’s body to MRA offices

Sep 24, 2020 Mike Lyson Zgambo 0 &
Mourners on Thursday took the body of their relative to Malawi Revenue Authority (MRA) offices in Mzuzu after the man died due to hypertension following misunderstandings with officials at the tax body. The man identified… ...

MRA boss confident of meeting K1.1 trillion target

Sep 22, 2020 Mike Kalumbi 0 &
Malawi Revenue Authority (MRA) Commissioner General John S Bizwick says he is confident the MRA will meet the K1.1 trillion revenue collection target for the 2020/21 budget. Bizwick said this on Monday when MRA staff… ...

K452 million in carbon tax collected in two months

Jan 29, 2020 Lindiwe Sambalikagwa 0 &
The Malawi Revenue Authority (MRA) has collected K452 million in carbon tax since the tax was introduced two months ago. MRA told the Parliamentary Committee on Natural Resources and Climate Change on Tuesday that it… ...

MRA employee suspended over video disparaging taxpayers

Nov 28, 2019 Mwayi Mkandawire 0 &
The Malawi Revenue Authority (MRA) has suspended an employee for disparaging taxpayers in a video shared on social media. The tax collector did not name the staff member or where she is based. In  the… ...

MRA to start collecting carbon tax

Nov 23, 2019 Mwayi Mkandawire 0 &
The Malawi Revenue Authority (MRA) will from Monday next week start collecting carbon tax on motor vehicles. The MRA announced this on Friday saying the tax will be paid annually when motor vehicle owners are… ...

Govt hailed for reversing decision on mobile money tax

Oct 10, 2019 Andrew Cane Chilapondwa 0 &
Consumers Association of Malawi (CAMA) has hailed Malawi Government for its decision to withdraw the proposed one percent withholding tax on non-bank mobile money transactions. In his budget statement last month, Finance Minister Joseph Mwanamvekha… ...
Airtel Malawi

Finance Minister makes U-turn on mobile money tax

Oct 08, 2019 Lindiwe Sambalikagwa 0 &
Minister of Finance, Economic Planning and Development Joseph Mwanamvekha has withdrawn the proposed one percent withholding tax on mobile money transactions. Mwanamvekha announced the withdrawal of the tax in a statement to wind up debate… ...

CAMA against one percent tax on mobile money transactions

Sep 24, 2019 Andrew Cane Chilapondwa 0 &
… says tax is a burden on poor Malawians Consumers Association of Malawi (CAMA) says government's decision to introduce one percent withholding tax on mobile money will add more misery on poor Malawians. In the… ...

Castel Malawi at risk of closure

Jun 18, 2019 Luke Bisani 0 &
Castel Malawi Limited has disclosed that it could close its operations in the country due to high taxes charged by Malawi Revenue Authority (MRA) on alcoholic beverages. According to a memo signed by Castel Malawi… ...

Chilima to introduce duty-free week

May 14, 2019 Malawi24 Reporter 1 &
Vice President Saulos Chilima says his government will introduce a duty-free week to allow businesspersons import unlimited amount of goods without paying tax. Chilima made the pledge to introduce the initiative at a UTM campaign… ...
Money currency

GG Car Rentals fined K34 million for duty evasion

Nov 18, 2016 Bright Malenga 5 &
Malawi Revenue Authority (MRA) has ordered GG Car Rentals in Blantyre to pay over K34 million in customs duty and penalties after being found in possession of four Toyota Fortuners that were not properly cleared.… ...
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  • Hit-and-run motorcyclist arrested in Rumphi
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