Malawi's Minister of Finance presented the 2022/2023 Budget Statement in parliament on 18 February 2022. Tax policy measures of the budget are summarized as follows:

Income Tax Measures

• The monthly PAYE income tax schedule is revised as follows:
  • up to MWK 100,000 - 0%
  • over MWK 100,000 up to 330,000 - 25%
  • over MWK 330,000 up to 3 million - 30%
  • over MWK 3 million up to 6 million - 35%
  • over M…