Want calculate your vat? Use Malawi vat calculator. Below is an overview of the VAT (Value Added Tax) rates in Malawi:

CategoryVAT RateDescription
Standard Rate16.5%Applies to most goods and services provided in Malawi, including imports.
Zero-Rated Goods and Services0%Applies to exports and certain essential goods/services such as basic foodstuffs, agricultural inputs, and prescribed medicines.
Exempt Goods and ServicesExemptCertain goods/services are VAT-exempt, including financial services, educational services, and public transport.

Additional Notes:

  • Standard Rate (16.5%): This is the general VAT rate in Malawi, applied to the majority of goods and services within the country. It’s designed to generate revenue for the government while maintaining a broad tax base.
  • Zero-Rated: Items such as exports, basic foodstuffs, agricultural products, and certain medicines are zero-rated, meaning they are taxed at 0%, allowing businesses to claim VAT credits on inputs while keeping these goods affordable.
  • Exemptions: No VAT is charged on exempt goods and services. This category includes essential services like education, healthcare, and certain financial services, which are critical for public welfare and economic development.

This overview provides a clear understanding of how VAT is structured in Malawi, reflecting the country’s approach to taxation in various sectors.

Tools:

  1. Ireland VAT Calculator
  2. Madhya Pradesh VAT Rate Calculator
  3. Spain VAT Refund Calculator
  4. Nigeria Customs Duty Calculator
  5. Calcular IVA
  6. South Korea VAT Refund Calculator
  7. Pakistan Customs Duty Calculator
  8. Indian Customs Duty Calculator
  9. US Customs Duty Calculator
  10. Brazil Sales Tax Calculator
  11. China VAT Calculator
  12. Denmark VAT Refund Calculator
  13. Greece VAT Calculator
  14. GST Calculator
  15. GST HST Calculator
  16. Import Duty Calculator
  17. India GST Calculator
  18. Morocco Import Duty Calculator
  19. New Zealand GST Calculator
  20. Reverse GST Calculator
  21. U.S. Sales Tax Calculator
  22. UK VAT Tax Calculator
  23. Philippines VAT Calculator
  24. Australia VAT (GST) Calculator
  25. spain vat calculator
  26. Italy vat calculator
  27. Germany VAT Calculator
  28. Belgian Vat Calculator
  29. Germany Vat Calculator
  30. France Vat Refund Calculator
  31. France vat calculator
  32. Singapore GST Refund Calculator
  33. Japan Tax Refund Calculator

Vat Rates Distribution

CountryStandard VAT RateReduced VAT RateVAT Authority Website
United Kingdom20%5%UK VAT
Ireland23%13.5%, 9%, 4.8%Revenue Ireland
Afghanistan10%
Albania20%6%
Algeria19%9%
Andorra4.5%9.5% (higher), 1% (reduced)Andorra VAT
Angola14%7%, 5%Angola VAT
Anguilla13%Anguilla GST
Argentina21%27% (higher), 10.5%, 3%
Australia10%ATO GST
Austria20%13%, 10%Austria VAT
Azerbaijan18%Azerbaijan VAT
Bahamas10%Bahamas VAT
Bahrain10%Bahrain VAT
Bangladesh15%10%, 7.5%, 5%, 4.5%, 2%, 1.5%Bangladesh VAT
Barbados17.5%22% (higher), 10%Barbados VAT
Belarus20%26% (higher), 10%Belarus VAT
Belgium21%12%, 6%Belgium VAT
Benin18%Benin VAT
Bolivia13%Bolivia VAT
Bosnia & Herzegovina17%Bosnia VAT
Botswana14%Botswana VAT
Brazil18%12%, 7%, 2%-5%, 1.6%-7.6%, 3%Brazil VAT

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *