Malawi Revenue Authority (MRA) says it has embarked on awareness campaigns across the country to equip people with information about the newly government approved tax measures.
Speaking after a media workshop the tax collecting body organized in Blantyre Friday, MRA cooperate affairs manager Steven Kapoloma said the national wide campaign would prevent consumers from exploitation in the wake of the new tax measures.
“We have first engaged the media considering that they play a pivotal role in disseminating information to the public. We hope they will do the same on new tax measures government has come up with,” Kapoloma said.
Some of the new tax measures are the removal of value added tax on milk and cooking oil as well as tax reduction on minibus importation.
He said if the public becomes aware of the new tax measures, they will help police’s implementation of the same.
Kapoloma disclosed that the awareness campaign will mainly target minibus owners as well as oil and milk production industries.
“We will be reaching out to milk producers and those plying minibus businesses in the central and northern regions,” he said.
According to Malawi Government Gazette (VAT Amendment Act) Number 25 for 2017, government through the ministry of finance made tax amendments including the removal of 16.5 percent value added tax (VAT) on edible fats and oils.
Other amendments include exemption of 16.5 percent import VAT on dairy produce, bird’s eggs, natural honey and infant milk.
However, consumers are yet to benefit from the new tax measures as retail shops have not reduced the prices of the targeted commodities hence the campaignFollow and Subscribe Nyasa TV :