Malawi 2019-2020 Budget Tax Measures

Malawi's Ministry of Finance, Economic Planning and Development has published the 2019-2020 Budget Statement, which was delivered in parliament in September. Measures include:

• An increase in the tax-free employment income bracket from MWK 35,000 per month to MWK 45,000;
• The introduction of a 50% deductible allowance for all employers recruiting people with disabilities, with the allowance based on the basic salary of the employed persons;
• An increase in the withholding tax rate for technica…