- Malawi will double the VAT registration threshold from MWK 25 million to MWK 50 million, exempting more small businesses.
- A new VAT will be imposed on foreign digital services like Netflix, Facebook, and YouTube.
- A 2% withholding tax will apply to listed share transactions, and new excise duties will target hybrid vehicles and luxury goods.
- VAT on sugar exports will be refunded only if export proceeds are repatriated to Malawi.
- The period for claiming tax refunds is standardized to six months; changes take effect from 1 April 2026, pending parliamentary approval.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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