Malawi's Ministry of Finance has published the Budget Statement for 2021-22, which was delivered in parliament on 28 May 2021. Tax policy measures of the budget are summarized as follows:

Income Tax Measures

• The introduction of two additional individual income tax (PAYE) brackets, resulting in the following brackets/rates for monthly income:
  • MWK 0 to 100,000 - 0%
  • MWK 100,000 to 1.0 million …