Email a copy of 'Most Malawian businesses are not tax compliant -Consultants' to a friend
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Email a copy of 'Most Malawian businesses are not tax compliant -Consultants' to a friend
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So, on Thursday, a group of civil society organisations (CSOs) took to the streets in Lilongwe and presented a petition...
The demand exerted by MRA to have one’s small business to register for tax are too expensive and unaffordable and so time consuming procceses. MRA demands audited accounts for the past year on a newly born SME are they really interested in collecting taxes from minute minute growings SMEs? I the regime can not fight corruption expect dwindling tax levels and general complince. Electorate would want see a government delivering or that delivers? The APM regime is probably the worst regime on accountability and delivery of natikal interest and the most corruptive condoned by the leadership as everyoe testiffies nationally… Read more »
Yes this is very true that many businesses are not tax compliant. I was surprised to read on this site that there are only 10,000 registered tax compliant businesses in the whole country. M.R.A , or who ever is responsible to see to it that businesses are registered to pay tax ,needs to go round the country to investigate all registered / not registered businesses. There are definitely more than 10,000 businesses in Malawi . What is the minimum income threshold for businesses to start paying taxes in Malawi?
The reason we are reluctant to pay tax is that the money is stolen by people who never sweated for it like politicians etc. Secondly, Asians get away with huge unpaid taxes, drive poshy cars or send the money out but are not brought to book.
If I pay tax, I still have to pay my own hospital and cousin’s bill, and pay high school fees for the same. What is my tax for? So I decided to tax myself, keep the money in my personal ‘MRA’ account and pay the bills myself without bothering the Govt. Fair, yes?