According to recent reports, the Malawi government has proposed changes to provide individual income tax relief as part of a provisional budget for 2020-21. This includes an increase in the monthly tax-free band from MWK 45,000 to MWK 100,000 (from MWK 540,000 to MWK 1.2 million annually), along with the repeal of the existing 15% tax band, resulting in the following annual individual income ta…